Dear SEC, SIFMA, FINRA, CFTC, and anyone else who refuses to pay attention to the man behind the curtain. Following the initial dump in Treasuries after Greek proposal news overnight, bonds started to rally back... it appears that was unacceptable as 'massive' spoofing was then put in place to signal the price of Treasuries lower (yields higher)...
[7]
And in context this was a massive size spoof...
[8]
Source: @NanexLLC
With all eyes focused on China's blatant manipulation of its market, this kind of abuse of the bond market will just go unnoticed we are sure... or we'll just have to get used to it.
And something is spooking Treasuries this morning...
Whatever that was at 10:38:38 - it sure spooked Treasury futures (black like is today) $ZN_F [9] pic.twitter.com/P96t9Y7uJh [10]
— Eric Scott Hunsader (@nanexllc) July 10, 2015 [11]
