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The 10-year Treasury yield dives 7 basis points to 1.6% following the weak payroll report. Bull...

The 10-year Treasury yield dives 7 basis points to 1.6% following the weak payroll report. Bull market: When an asset quickly responds to the slightest bullish news and mostly shrugs off bearish data. TLT +0.7%, TBT -1.4% premarket.
Comments (2)
  • It's not indicative of a Bull market. It's indicative of a disillusioned investment environment ready for a Bearish trend.
    7 Sep 2012, 09:22 AM Reply Like
  • I love the shape of TLT this session. Slow-motion reversal.
    7 Sep 2012, 02:52 PM Reply Like
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