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Will Treasuries Make It 10 Out Of 10 Yield Rises As 1330ET Looms?

Tyler Durden's picture




 

For the last 9 days in a row, no matter what is occurring in the markets, US Treasuries have begun to sell-off at 1330ET... Some have suggested this points to funding issues being a driver of recent weakness, with the USD up by the most in 2 days since oct 2011, we shall see if the need to sell down USTs is there for the 10th day in a row...

9 out of 9...

 

 

As Alhambra's Jeffrey Snider noted previously,

Repetition is indicative of systemic factor(s) rather than some kind of random variation (or a minor factor indistinguishable from a random variation). I still think that funding issues are the central case here, and that continued pressure there, whatever the “dollar” is doing, is making UST trading that much more uneven.

Charts: Bloomberg

 

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Tue, 05/19/2015 - 13:34 | 6110297 MFL8240
MFL8240's picture

Forget treasuries, look at the bigger joke in the equity markets!  Up on all news or no news!!

Tue, 05/19/2015 - 13:57 | 6110390 LawsofPhysics
LawsofPhysics's picture

You are incorrect, while treasuries may be a joke, equities are up on real inflation as everyone has finally realized that they too will be a billionaires...

Global Weimar motherfuckers...

Tue, 05/19/2015 - 13:36 | 6110303 saints51
saints51's picture

Don't forget crude. They have started early today trying to ramp it up after today's smash down. Seeing if crude can hold the $58 round number on July contract.

Tue, 05/19/2015 - 13:52 | 6110369 nevadan
nevadan's picture

Today is last day for June contract, I expect to close on the lows of the day.

Tue, 05/19/2015 - 13:56 | 6110388 saints51
saints51's picture

yep I hope so too. I just know lately they have been loving to ramp crude up towards the close of the session. On july contract $58 is the floor today and it has been holding for a little. Will see if it breaks through. Just doubt it as i feel the ramp a thon is about to start,.

Tue, 05/19/2015 - 14:08 | 6110443 nevadan
nevadan's picture

We'll see,  I'm short June heating oil and long July.  Hoping to take profits at the close in June and then a relief rally in the after hours and make money on both sides.  Good luck saints51

 

Tue, 05/19/2015 - 14:16 | 6110475 saints51
saints51's picture

They are trying to ramp it buddy. I just think they want to keep it above 58 on the july contract for todays close. I took a long at 58.02 for the hell of it. Quick scalp as I am just bored. Took half my position off at 58.13 and moved stop to BE+1 @ 58.03. So going to let it run to close, either way a winner. GL to you too buddy.

Tue, 05/19/2015 - 14:30 | 6110533 saints51
saints51's picture

finally out. Oh well made a little coin on it. $57.99 into pit close lol. They must be reading ZH as folks catching on to their game.

Tue, 05/19/2015 - 14:47 | 6110578 Stoploss
Stoploss's picture

Almost time to raise rates!!!

We need a fresh new wave of housing defaults, it's getting boring..

Pity the ARM holder...

Tue, 05/19/2015 - 13:43 | 6110332 KnuckleDragger-X
KnuckleDragger-X's picture

Close your eyes, stick your fingers in your ears and go la-la-la as loud as you can, there, your a qualified analyst now and will be on CNBC in no time.....

Tue, 05/19/2015 - 13:48 | 6110335 papaswamp
papaswamp's picture

Freddie Mac a bit more pessimistic about US growth... Cuts from 2.6 to 2.3%.
http://finance.yahoo.com/news/freddie-mac-may-2015-u-140000297.html

Tue, 05/19/2015 - 13:59 | 6110400 gcjohns1971
gcjohns1971's picture

Relax,

It is just the Fed downsizing its balance sheet.

9 down, 7, 300,000 more days to go.

Tue, 05/19/2015 - 14:46 | 6110567 buzzsaw99
buzzsaw99's picture

momos, infidels, unbelievers, those who go long for a quick trade then bail out when it moves against them by a few basis points. these too shall burn in the lake of fire with sulphur and brimstone that was prepared for central bankers and ceos from the foundation of the earth.

Tue, 05/19/2015 - 15:54 | 6110814 oudinot
oudinot's picture

Those are 10 year Treasuries not 30 years, right?

Wed, 05/20/2015 - 02:43 | 6112601 RMolineaux
RMolineaux's picture

Are these 30 year or 10 year yields ?

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