No bust range is 96 ticks: http://www.cbot.com/cbot/pub/page/0,3181,1174,00.html They'll stand. Nice to watch
That 30yr is definitely not as liquid as it used to be. That was kind of cool to see also, it was trading 16, then someone paid 21 on 500, and then the spike to 31. Then a bunch of locals putting out high-balls in the pit as that was occuring, didn't get near that screen high though. We ended up catching that huge month-end, half-year end bid on the close (couple thousand lot plus MOC orders in twos, fives, and tens). Had some good local selling in tens around 113-13 to 15, looked like the 16's were gonna hold, then stocks started getting smacked and notes didn't look back.