I sold the Open Friday on T-Bonds, perfect trade so I thought, watched it go down, then watched it hit my breakeven stop on the way up. Always next week.
I wonder how many dumbasses blew up shorting JGBs in the 90s with their "surely can't go much higher" thesis
Difference is the Fed is starting this with the 30 year at 3 percent. If the Dollar continues to fall the bottom will fall out of those long rates....unless, the Fed buys every one from here on out.