I can't imagine selling gamma in 30y and buying gamma on the shorter end of the curve. That may be the case, if so, I'd like to be the counterparty. I think we'll see a lot more vol at the long end than the short end.
Flatteners look pretty good right now. Nice move in less than a week. But how long will it last? Getting ready to cover my bonds
I'm screaming!! I got squeezed outta my position a couple weeks ago, now hoping it goes back to 4.63 ish to get back in... I doubt it'll happen as a retrace though... congrats on the trade.
Thanks but it ain't over yet. Sorry about the squeeze, it should open up around auction time again, I think
China may begin to dump U.S. treasuries it holds during the past week to prepare a possible war at west Pacific against U.S. in case of Taiwan independence in near future. The Chinese hold more long-term treasuries than short-terms in their portfolio and on Feb 27th, the leader of Taiwan declared to abolish an important symbol which claimed Taiwan would get unified with the mainland. FYI. It might just be a coincidence with the recent yields rise.