The 30 year bond will probably follow suit. Once the Fed stops implying that they'll buy up the long end this contract is a dead duck. It's a hald dead duck as is
At last , some common sense.....how I wished they listened back in Feb08 when we locals said half ticks will be a disaster................better late than never I suppose. http://www.bloomberg.com/apps/news?pid=20601102&sid=anNf5lbFPYWo&refer=uk