Monday, November 5, 2012

Zero Hedge — So Much For "Sell Bonds, Buy Stocks": Net Long Positions In 10 Year Treasury Highest Since March 2008


"The bond vigilantes" at work. :)

But don't worry, hyperinflation is just around the corner. Just wait and see. You'll find out. Really, really. I mean, really.

Zero Hedge
So Much For "Sell Bonds, Buy Stocks": Net Long Positions In 10 Year Treasury Highest Since March 2008
Tyler Durden

3 comments:

mike norman said...

Jim Rogers is still selling 'em. Good thing he writes books and gives speeches, because if he actually had to rely on his trading for money, he'd be broke.

Matt Franko said...

Perhaps commercials acquiring inventory to sell to the Fed?

Here is the schedule for this months purchases by the Fed:

http://www.newyorkfed.org/markets/tot_operation_schedule.html

"the Desk plans to purchase approximately $47 billion and sell approximately $37 billion in Treasury securities over the month of November."

The sells are short term USTs and the purchases are the longer dated USTs...

I think the 10-yr contract is for $100k so 170,000 contracts represents about $17B long/short...

rsp,

Unknown said...

Mike Norman:

Jim Rogers is still selling 'em. Good thing he writes books and gives speeches, because if he actually had to rely on his trading for money, he'd be broke.

Good thing there were people who didn't take your crap advice in 2006 about the mortgage market, because they would have lost their shirts.