Very, very lucky that I stayed away from Bonds the past week, bro. I smelled a rat. Could have been a big problem for Pabst. I strongly considered selling OTM calls and buying puts when ZB was in the teens. I saved myself 10's of thousands by not taking the bait. I was just open enough to the notion of this weeks stock plunge to know extension along the Treasury curve could be a possibility...
as bond yield went to sh*t, how does one use this info to try time the market? i assume bond yield has to be normalized to something, but to what?