Milliseconds after the release of the jobs report this morning, the 'supposedly' most liquid bond market in the world - US Treasury futures - were halted for 5 seconds. As Nanex notes, this has happened before... What is also evident, as seen below, is Gold's premature plunge (who knew what when?) So while yesterday was the turn of the OTC equity market, today we see fixed income markets 'break'...
1. December 2013 5 Year T-Notes (ZF) Futures depth of book (how to read).
This market halted trading for 5 seconds.
2. December 2013 5 Year T-Notes (ZF) Futures Tick Chart.
Right before the 5 second halt.
3. December 2013 5 Year T-Notes (ZF) Futures Tick Chart.
Right after the 5 second halt.
6. December 2013 Gold (GC) Futures. - Look at the move right before the official announcement!!!