huge bond move. +2 25/32 as i write. i cant remember ever seeing a move that big before. sombody big is on the wrong side of the bonds.
someone knew something ... or got word before everyone else Treasuries flew before 8:30 am even before FX , Gold , Stock Index Futures blinked
cnbc said greenie gets the number the day before. maybe we should have someone check greenies friends/family out.
And Abbey Joseph Cohen was the only person to call for a long bond yield of 3.85% or lower. Congrats to Abbey.
I just spoke to someone who has blown up today morning, he was so convinced about the bond direction that he had a major wager on it. He kept saying this is free money and sure trade till yesterday and was actively convincing others to take position.