why is the yield up?

Discussion in 'Trading' started by c.chugani, Jul 11, 2008.

  1. I thought that with the sell-off in equities, fixed income would rise and push yields lower on the T-note.

    Anyone have any idea on why this is not so?
  2. 1) The Fed may tighten?
    2) People are lightening up on higher-quality debt because they can't sell lower-quality paper to raise cash?
  3. wow thats all this trading session needs.. a hike in rates.

    the second cause does makes sense though.
  4. Klamath


    People are no longer looking at it as a safe haven?
  5. Surdo


  6. dhpar


  7. Surdo


    It was the catalyst that propelled ZB to freefall from 117 to 116 1/2 in 5 minutes.

    We were overbought above 117, if I had bigger balls I would have stayed short... but they went back up as fast as they came down!