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Something for bond bears to consider: It took just the slightest of wobbles in stocks (DJIA on a...

Something for bond bears to consider: It took just the slightest of wobbles in stocks (DJIA on a 100 point reversal today) to send buyers flying into Treasurys. The long bond has rallied more than a full point since just before noon, bringing the yield back to flat on the day at 2.91%. TBT -0.3%.
Comments (4)
  • Still remains a swing trade....
    21 Aug 2012, 03:08 PM Reply Like
  • Shorting the treasury is a bad move here. If the 30 year can't even get to 3.0% with the S&P at a 4-year high, where will it be if and when the S&P starts falling due to recession? I believe we'll see below 1% on the 10 year and below 2% on the 30 year before its all over.
    21 Aug 2012, 03:17 PM Reply Like
  • Dutch Tulips are now for sale..
    21 Aug 2012, 09:34 PM Reply Like
  • took some tlt profits today at 123.51
    22 Aug 2012, 09:32 AM Reply Like
DJIA (DIA) S&P 500 (SPY)