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Trading Desk Bond Market Commentary
Looks like the market does not like the massive flattening we discussed over the past two days. To wit, we present market commentary from a trading desk, appropriately titled "dead cat" bounce: "Another "dead cat" bounce in the Treasury complex as prices are now sitting just above session lows. Additionally, while still outperforming, 30yrs are starting to feel some of the heat. The curve remains mixed depending on what your long end maturity is. Real money remains quiet aside from some light nibbling. Fast/pro/dealer accounts continue their defensive trade and remain in control. Techs are negative but cautious due to oversold conditions."
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sell sell ..........................
Is the Fed and world central bankers in complete control of the bond markets ? and if so could they orchestrate an attack on commodities by collapsing bond prices for a few days and spooking folks out of their gold/silver/oil/grains positions ?
Gold - Its off like "Pong" ....
I was a brand-new investor. I thought I was doing the right thing, but it looks like I lost everything. My wife is mad at me.
Massoud Balbas, quoted in the LA Times
The increase in housing inventory might help push prices higher, said Marilyn Newell of the Platinum Group Realtors in the Springs and another Realtors Association board member. A surplus means buyers have more choices and homes on the market must be well-kept and competitively priced, she said. "Because we don't have as many buyers," Newell said, "they have the luxury of going with the home that is in perfect shape."
June supply of homes highest in 17 years" by Rich Laden, Colorado Springs Gazette.
"In Jackson [Wyoming], the market does not really go down," said (realtor) Linda Walker. Broker Ryan Olsen agrees. "We are immune to the up and down treads that plague many real estate markets," he says. "Our real estate market is essentially quite 'bullet proof'!"
"Un-Real Estate" by Jake Nichols, on Planet Jackson Hole.
The German Bubble Alert
How are we going to believe us the stress test if the German banks and German Government therefore hide the truth
1.No recognize their losses in sovereign bonds (specially in Eastern Europe and PIIGS
2.No recognize their losses in the real estate market (both land and property (specially residential and commercial)
3. worst cost to Income ratio of the whole sector, so they are the most inefficient
4. They need to Raise capital from 45 to 60,000 million euros with the corresponding dillutive value.
5.Commerbank is literally impossible to do against the payment of its debt in 2011.BANKRUPTCY
6.AAREAL bank is broken into pieces and hidden Merkel doesn´t want to have another HypoRealEstate.
7.Deutsche Bank does not recognize losses 18,000 million short of gold and silver in 3.800 Mn in his book of derivatives (LME).
8.They continue illegally with naked short selling ban until March 2011, are you afraid? =?
9.German insurers and reinsurers are really that good?? I block it anywhere sspecially Hannover RE
10.Why Germany kept the gold had to be taken in 2007 ... that hides the Bundesbank with the approval of the Federal Reserve?
All this Smells¡
This is for you to be cautious if you want to get long Germany ;darling walk is not gold that glitters and shines Careful if you are doped'¡¡¡¡
But of course you have to believe them ...
Nothing to be followed in the lonely cheating
thanks for the laugh!
Total and complete liquidation in gold and silver today.
Epic wipeout.
really?
check back w/ u in 48 hours
Christmas is coming.
Someone is working a little extra OT.
Hey ROBO (hope you are well). COPPER is next to follow lower. We're watching for signs out of China for a soon to be expected rate increase within the next 3-5 days.
Dumb me. I bought SLV Dec18,2010 $29 Puts less than 48 hours ago for $0.72.
They are already up to $1.70.
Dumb...because I already sold them.
You can seriously say that with a straight face? Go look at a 30 day chart.
Hey Robo, Eric King called, he had this chart for you to post:
http://img411.imageshack.us/i/robotloser.jpg/
Regards
Keep those 'Costanza' calls coming, please.
Search your ZH posts Robo, you know it to be true... http://vimeo.com/425529
Regards
It has been raining bullshit and bonds for so long the ground is now saturated and will slide into the abyss as the people cry "enough". Rates will rise and metals will crash.
And the world will cry, "Free food and energy for all!"
Bonne Chance
Get out of the way, let's see who has real guts! BTW, where's the POMO talk??
Gold getting...whats the word...monkey hammered. Do I dare buy the dip?
need to wait...
Give it a couple of days. A large part of the gold investment community is easily manipulated and will panic out quickly under some concerted selling pressure. Then they'll buy back from you at a significant premium a few days or weeks later.
Short term Gold and silver traders just panicked.....bring that price down for me!
Orrrrrrrrrrrrrrr ... The armageddon trade is over. ?
Gold's been trading this way for 10 years now, and so few people still seem to get it. What makes you think this selloff is any different than all the others through the bull market? Fiat currencies suddenly regained their lustre?
Market getting very oversold. If today's 10-year, and tomorrow's 30-year come in neutral (or better than expected), expect 10's to potentially rally back to 122.24 to 123.01, while 30's bounce to 125.15 to 125.27 (125.16 is the average short in 30's right now). Good luck everyone. All prices are dependant upon these auctions however.
The whole yield curve is screwed
now. Leave it to Bubbles and Obummer
to "stimulate" the economy with a
big dose of stagflation
What a surprise. These idiots have no
control over anything.
Archive files of every Wiki Leaks document ever released on mirror site.
http://213.251.145.96/
The military video is crazy, its on this site as well.
Put my buy in on PSLV at around the $12 mark...ten percent correction territory.
Bonds...no thanks. I own a few corporates...no want gubermint bonds.
"30yrs are starting to feel some of the heat."
They've dropped from 135 to 122 at the CBOT since October.
IF THAT'S JUST "HEAT" , THEN GONZOLO LIRA IS OF IRISH DESCENT.
BACK IN THE T BOND PIT , SHORT 13 HANDLES IN 2 MONTHS WOULD BE CALLED THE TRADE OF A LIFETIME.
ES and ZB
So Ben...who's minding the store?
http://99ercharts.blogspot.com/2010/12/es-zb_08.html
http://www.zerohedge.com/forum/99er-charts
...and fuck the trading desk.