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Another sentiment-related warning sign for stocks (previous) is heavy bearish opinion on...

Another sentiment-related warning sign for stocks (previous) is heavy bearish opinion on Treasurys. CFTC data show small speculators net short at levels typically preceding an imminent bull move in bond prices, writes The Fat Pitch. Professionals? A BAML survey finds 53% of fund managers underweight bonds, the lowest weighting in Treasurys since May 2011 - a pretty fair time to get long.
Comments (6)
  • Well if you think ZB is going to 160, bring it on. Trends trend. Until they don't.
    26 Mar 2013, 11:24 PM Reply Like
  • tlt at 115; this is just another typical run-up the equities to yet another new high level, then dump back above the previous start to keep the stairway to heaven intact;


    there is absolutely no way that the power elite will permit rates to run away AT THIS TIME, therefore something will give
    26 Mar 2013, 11:43 PM Reply Like
  • LMAO, SA. Bonds? Really, with QE infinity? News-mongering or just bad advice?
    27 Mar 2013, 01:27 AM Reply Like
  • Has BAML done any backtesting on the CFTC data?
    27 Mar 2013, 01:37 AM Reply Like
  • It's not higher rates that is going to tank the stock market. It's a deflationary bust and I think it is imminent. Investors are ignoring many warning signs as they get caught up in the positive momentum of the tape. I believe we are putting in a 13 year top here S&P is going to 500.


    . As the sell-off gets underway, the Treasury market will be one of the very few ports in the storm. I expect TLT to rise to 160 in 2013 as the ten year yield falls to 1/2 of 1%. I know that's an incredibly low yield for a ten year piece of paper but the real return will look pretty good in a negative 3-5% inflation environment, which is what I expect.
    27 Mar 2013, 07:57 AM Reply Like
  • yeah right negative inflation environment only with the bogus government stats - not the real world. the real inflation rate is 9%. of course all the things that count (food, fuel) do not count in their bogus indicators.
    27 Mar 2013, 09:44 AM Reply Like
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