In October 2001, the Fed announced they would stop issuing the 30 year, reducing supply in the global marketplace... The initial reaction to the announcement was a surprising tumble in bond prices, which lasted for all of 5 months, and was followed by a massive bull market in bonds... This year, the Fed announced the REISSUANCE of the 30-year. Does anyone have any information on when this was announced?? Any thoughts??
Do you have any links to this story? I can't seem to find it.. As for being late to the party, I disagree...I think the invitations have just been sent out...
All that stuff makes no sense to me.. The rise was pretty easy to explain....Less supply, higher demand = rising prices...
Here are the results of the 02/02/06 & 08/10/06 30 YEAR Auctions. http://www.treasurydirect.gov/instit/annceresult/press/preanre/2006/2006_30year.htm This scares me when people ask these types of questions and have live brokerage accounts! Here is every FEDERAL RESERVE press release! http://www.federalreserve.gov/boarddocs/press/all/2005/
looks like some easy money entering the US mkt ............. ET is a perfect example why simple TA works .... :eek: Come on newbie folks, challenge me. OK, Pats and Bears half time over. i can quit picking on you. A word to the wise, to trade the bonds on CBOT you will either already be or will soon be a manic depressive. Good Luck............... Not as much rhythms in trading the bonds as in trading the stock indexes