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"We recommend unwinding this position at a loss," says Citigroup, throwing in the towel on its...

"We recommend unwinding this position at a loss," says Citigroup, throwing in the towel on its bullish mid-November call on Treasurys. The Cliff deal avoids big tax hikes for most, says Citi, and removes the tail risk of massive spending cuts. Treasury prices are down again following the strong ADP print.
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Comments (3)
  • DeepValueLover
    , contributor
    Comments (9620) | Send Message
     
    The 10 Year is heading back to 2% fast!!
    3 Jan 2013, 11:35 AM Reply Like
  • hummerh25
    , contributor
    Comments (99) | Send Message
     
    TBT is still headed up. Sell bonds by stocks.
    3 Jan 2013, 01:20 PM Reply Like
  • hummerh25
    , contributor
    Comments (99) | Send Message
     
    Have been day trading for thirty -two years.
    Was out of the crashes in 1987, 2000, 2008,
    Was 100% short.
    Spend at least six hours a day on researching markets.
    3 Jan 2013, 01:22 PM Reply Like
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