What happened just now 1pm EST?

Discussion in 'Financial Futures' started by mizhael, Mar 25, 2009.

  1. Sure. Well, hopefully you don't have to refresh your account.
     
    #11     Mar 25, 2009
  2. Where do I see it didn't go well?
     
    #12     Mar 25, 2009
  3. What other readings do you guys usually read for trading treasuries? I found it's very different than trading stocks and indices...?
     
    #13     Mar 25, 2009
  4. scd

    scd

    Your chart... Sorry, couldn't help myself...:D
     
    #14     Mar 25, 2009
  5. Ouch!

    Auction Out: The 5-yr saw a not so hot outing, with the 1.849% rate on the high end, the 2.02 bid-to-cover rate on the low end and the 30% take by indirect bidders not impressive. The market got knocked off in light of the fact that yesterday's solid 2-yr had slanted the playing field while the additional supply is seen as having a tough going with the $24B 7-yrs sitting in the wings.

    That 13 is rearing its ugly head again!!
     
    #15     Mar 25, 2009
  6. #16     Mar 25, 2009
  7. asap

    asap

    LMAO :D
     
    #17     Mar 25, 2009
  8. Dealers like to "muscle" the market up and down when auctions take place in order to make money on the new securities and short-hedges. :cool:
     
    #18     Mar 25, 2009
  9. It looks like the failed auction in UK and US had a large impact on the stock market also, which dragged down the indices...

    At least the press is telling such a story,...

    Do the auctions have that large impact on the stock markets?
     
    #19     Mar 25, 2009
  10. Dude, you have to try to think about these things for yourself. What does a failed auction mean? What does a govt's inability to fund its various fiscal measures mean?
     
    #20     Mar 25, 2009