This page has been archived and commenting is disabled.

The Mysterious US-Session Bond-Seller Is Back

Tyler Durden's picture




 

After taking 2 days off last week, the mysterious but persistent US Treasury bond seller is back. Like clockwork as the US markert awakes, no matter what the trend overnight, Treasuries are offered in size and yields snap higher...

Around 8amET each day, bonds become magically offered...

 

Bernanke's new gig must be working out?

 

Chart: Bloomberg

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 04/29/2015 - 09:21 | 6042288 NoDebt
NoDebt's picture

China Syndrome.

Wed, 04/29/2015 - 09:23 | 6042295 waterwitch
waterwitch's picture

Russia syndrome.

 

Wed, 04/29/2015 - 09:25 | 6042306 Headbanger
Headbanger's picture

Greek Syndrome.

Wed, 04/29/2015 - 09:28 | 6042314 Troy Ounce
Wed, 04/29/2015 - 09:30 | 6042333 NoDebt
NoDebt's picture

Troy- that's freaking fantastic.

Wed, 04/29/2015 - 09:34 | 6042351 cigarEngineer
cigarEngineer's picture

Bill Gross

Wed, 04/29/2015 - 09:33 | 6042335 SoilMyselfRotten
SoilMyselfRotten's picture

Downs Syndrome

 

P.S. I've watched that experiment Troy, it's wild

Wed, 04/29/2015 - 09:49 | 6042440 CrazyCooter
CrazyCooter's picture

Sapient!

Regards,

Cooter

Wed, 04/29/2015 - 10:34 | 6042631 JRobby
JRobby's picture

+10,000

Let the punishment begin

Wed, 04/29/2015 - 12:35 | 6043127 stewie
stewie's picture

lol

Wed, 04/29/2015 - 09:27 | 6042315 BuddyEffed
BuddyEffed's picture

Belgium disease.

Wed, 04/29/2015 - 09:26 | 6042310 LawsofPhysics
LawsofPhysics's picture

Correct, last time I looked, China and Japan were fighting for the top spot.  Those people need space/land, and we have it.

http://www.treasury.gov/ticdata/Publish/mfh.txt

 

Wed, 04/29/2015 - 09:33 | 6042345 Pool Shark
Pool Shark's picture

 

 

Interesting that Russia has cut its exposure by nearly half in the last year...

 

Wed, 04/29/2015 - 09:57 | 6042481 max2205
max2205's picture

Silly, this is how the Fed will 'raise rates' by walking up the ten year.

 

 

Wed, 04/29/2015 - 10:51 | 6042724 The Merovingian
The Merovingian's picture

And kill the housing market and commercial real estate market in the process.  

Wed, 04/29/2015 - 11:04 | 6042784 LawsofPhysics
LawsofPhysics's picture

and making the debt impossible to service.  Now about those unfunded liabilities....

good luck with that.

Wed, 04/29/2015 - 09:56 | 6042474 semperfi
semperfi's picture

they can have baltimore, detroit, fresno for cheap

Wed, 04/29/2015 - 10:16 | 6042565 LawsofPhysics
LawsofPhysics's picture

I am sure they will, right after they take the national parks.

Wed, 04/29/2015 - 10:25 | 6042591 Four chan
Four chan's picture

for strip mining after another big clinton bribe.

Wed, 04/29/2015 - 10:35 | 6042642 JRobby
JRobby's picture

Fresno comes with free Yosemite passes. But they will probably buy Yosemite.

Wed, 04/29/2015 - 12:46 | 6043170 angel_of_joy
angel_of_joy's picture

It must be those Belgians...

Wed, 04/29/2015 - 10:15 | 6042555 ZH Snob
ZH Snob's picture

Putin is dumping all these bonds through his Ameritrade account.

Wed, 04/29/2015 - 09:23 | 6042296 wmbz
wmbz's picture

It must be a miracle, can't think of any other explanation!

Wed, 04/29/2015 - 09:24 | 6042297 firstdivision
firstdivision's picture

Just GS pushing down ABS prices so that they can snatch them up cheaply, then when the SHTF and a crash begins, they sell them to the Fed multiples times higher on the US taxpayers dime. 

Wed, 04/29/2015 - 09:24 | 6042301 Byte Me
Byte Me's picture

Fed doublethink syndrome.

Wed, 04/29/2015 - 09:26 | 6042311 q99x2
q99x2's picture

Did anyone ask BZ7 who it is yet?

Wed, 04/29/2015 - 09:36 | 6042358 negative rates
negative rates's picture

He's about as useful as a three dollar bill.

Wed, 04/29/2015 - 09:27 | 6042313 wissen dass scheiBe
wissen dass scheiBe's picture

Ok, who's not here today?

Wed, 04/29/2015 - 09:29 | 6042324 i_call_you_my_base
i_call_you_my_base's picture

Janet giving some reacharound.

Wed, 04/29/2015 - 09:29 | 6042327 21centurydragon...
21centurydragonslayer's picture

China and/or Russia, proceeds to gold. 

Wed, 04/29/2015 - 09:42 | 6042396 LawsofPhysics
LawsofPhysics's picture

Russia, not so much China.  The Chinese that are selling are buying U.S. property.  How's your Mandarin?

Wed, 04/29/2015 - 09:53 | 6042461 semperfi
semperfi's picture

or any other of a host of nations about to trade almost all of their treasuries for gold - start the list with the BRICS, expand it to the associates of the BRICS and the AIIB members - the Fed is going to end up being the sole bag holder - dedollarization is going to be a bitch - when no one accepts US dollars any longer is when we will see a 30 to 50% devaluation of the US dollar  - got gold ?

Wed, 04/29/2015 - 10:13 | 6042548 LawsofPhysics
LawsofPhysics's picture

Yes, and lots of food as well as the land and equipment to produce food.  I will accept your gold and silver in exchange.  I like the way you think!

Wed, 04/29/2015 - 09:29 | 6042328 madbraz
madbraz's picture

based on the size of the gun, i'd venture to guess that it is the NY FED or a proxy of them.  no one in their right frame of mind would put such firepower at "risk" to move prices in the opposite direction to where they should go based on the data.  no one with a limited amount of capital to risk.

Wed, 04/29/2015 - 09:33 | 6042344 madbraz
madbraz's picture

i think the dudley is a dangerous man.  looks like power has gotten to his head - even for lunatic heads of central bank trading desks.

Wed, 04/29/2015 - 09:29 | 6042330 scubapro
scubapro's picture

 

after-lunch to-do list in Brussels

Wed, 04/29/2015 - 09:33 | 6042343 chomu
chomu's picture

Its Citadel or DE Shaw. Flip a coin.

Wed, 04/29/2015 - 09:36 | 6042362 Jonesy
Jonesy's picture

Got Jews?

Wed, 04/29/2015 - 09:38 | 6042372 yogibear
yogibear's picture

And that mysterious buyer from Belgium (alias Federal Reserve) shows up to buy up any excess.

A Federal Reserve PhD academic economics game to counter any Chinese Treasury sales.

Wed, 04/29/2015 - 09:40 | 6042384 cn13
cn13's picture

Look at the CME June 15 30-year bond chart.  It is about to fall off a cliff meaning higher yields, lower bond prices.

This is a consequence of the FED continually pumping the equity markets. 

Can't, Let, Them, Fall.  Or it is all over the Keynesian ponzi scheme.

Wed, 04/29/2015 - 09:46 | 6042423 LawsofPhysics
LawsofPhysics's picture

Interesting hypothesis, however, if government bonds fail, then government armies do not get paid.

tick tock motherfucker...

Wed, 04/29/2015 - 09:56 | 6042470 Pool Shark
Pool Shark's picture

 

 

Exactly.

NIRP, here we come.

We are ALL Japan now...

 

Wed, 04/29/2015 - 10:20 | 6042580 kw2012
kw2012's picture

They won't need to get paid, they will just take what they need. Food, medicine, your home or farm, women, whatever... while everyone else starves

Wed, 04/29/2015 - 10:28 | 6042600 LawsofPhysics
LawsofPhysics's picture

About half of my employees and members of our farming Co-op are active duty or retired vets, but yes, in a manner of speaking your are correct.

Look at history, same as it ever was...

Wed, 04/29/2015 - 09:44 | 6042413 buzzsaw99
buzzsaw99's picture

no mystery. the fed complex sets the price of everything.

Wed, 04/29/2015 - 09:46 | 6042431 Maplehood
Maplehood's picture

The USD is about to paint a fugly reversal on the monthly chart.

http://www.goldsqueeze.com/analysis/us-dollar-huge-monthly-downside-reve...

Wed, 04/29/2015 - 10:15 | 6042560 LawsofPhysics
LawsofPhysics's picture

Unfortunately, that chart could also be due to the dollar simply being dropped as an exceptable unit of exchange in global trade. Remind us, what is the global velocity of the dollar doing again?

Wed, 04/29/2015 - 10:06 | 6042483 Chuck Knoblauch
Chuck Knoblauch's picture

I think crisis derivatives are supporting US Treasuries.

With each new crisis executing contracts.

That is a sick game.

How can I buy some martial law derivatives?

Terrorbet was a DARPA project headed by convict Poindexter.

I guess it never went away.

Are there any bets on Camden Yard burning to the ground?

Wed, 04/29/2015 - 10:14 | 6042537 Chuck Knoblauch
Chuck Knoblauch's picture
TerrorBet Terror Futures Exchange Re-Opens for Pre-Registration TerrorBet the world's first trading exchange to offer contracts on civil unrest events today reopened for preregistration following its presentation to the European Commission in Brussels.

 

Is there a list of Terror Events investors around the world are betting on?

I'm interested in those terror events in the US.

Can I get on the mailing list?

Does anyone have access to this exchange?

Wed, 04/29/2015 - 10:14 | 6042554 Iam Yue2
Iam Yue2's picture

A guy in a back bedroom in a semi-detached house in Slough, UK.

Wed, 04/29/2015 - 10:36 | 6042643 JRobby
JRobby's picture

Is it Space Ghost?

Wed, 04/29/2015 - 10:45 | 6042692 scubapro
scubapro's picture

 

 

one would --think-- if one wanted to off load some tsy's, that the greater liquidity offered during the day session, while europe is still open would be the time....unless one didnt want to offload tsy's but perhaps make it look like 'rates are rising, due to a growing economy' and free up some of that high quality collateral here at month end.

 

two months in a row of yeilds getting slammed at the end of the month.....butter stick to stocks!!

Wed, 04/29/2015 - 11:03 | 6042774 LawsofPhysics
LawsofPhysics's picture

Yep, works great, so long as the debt can be serviced...

tick fucking tock...

Do NOT follow this link or you will be banned from the site!