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Treasury prices continued to tumble today, pushing yields on the benchmark 10-year note to their...

  • Wednesday, March 14, 2012, 3:53 PM ET
    Treasury prices continued to tumble today, pushing yields on the benchmark 10-year note to their highest levels since October and breaking above their 200-day MA. The Fed's latest policy statement showed more optimism and seems to have opened the floodgates to higher yields, and traders and investors had taken a lot of short positions. TLT -2.5%, Ultra-Short ETF TBT +5.1%.
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    Yes baby, Yes. Burn the Bonds. Let them sink like a rock and send Yields to the moon. Bring back 8% on the 30yr and I'll be ordering Filet Mignon and l lighting my cigars with $100.00 bills.
    14 Mar 2012, 04:45 PM Reply Like
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