Bond Bears Bruised As Treasury Yields Tumble To 2-Month Lows

Just when you thought it was safe to be record speculative short the US Treasury market...

It appears the bond bull market is resurrected as 10Y yields tumble from an early rise to their lowest level since the early February collapse as the short-VIX trade imploded...

When does the short-squeeze begin?

Comments

lester1 Mon, 04/02/2018 - 13:53 Permalink

The NY Fed and Swiss National bank have been colluding buying up bonds.

 

Anyone check the Fed's unaudited/self reporting "balance sheet" lately?

SDShack lester1 Mon, 04/02/2018 - 14:23 Permalink

I've been saying it for months, The currency wars are coming. It's been a helluva month. Omni-MIC-bus, tariffs, Russia unveiling hypersonic nukes, launch of the Petro-Yuan. The Fed and USSA Security State are going all in on protecting the Petro$. These sociopaths will gladly coerce their "alllies" to abandon their own sovereign fiat in favor of the Petro$ to continue to prop it up. And if these "allies" don't comply, the MIC/Security State will gladly make them pay one way or the other. The Global Debt Ponzi will have to be culled to the Global Petro$ Ponzi, before it ultimately collapses.

In reply to by lester1

Yen Cross Mon, 04/02/2018 - 14:05 Permalink

lol- First low bond yields were awesome for stocks, now low yields are terrible for stocks.

 Welcome to stagflation. Q-4 '17 GDP was revised lower, and all the buffoons can talk about is how awesome earnings were. Atlanta and N.Y.Fed keep revising estimates lower, along with most of the corporate tax break already brought forward and record buybacks accompanied with record corporate debt.

  Record student, consumer, mortgage, subprime debt, increasing energy/input costs from the weak dollar and excess spending by CONgress as well.

  But everything is awesome, except for Trump and his not yet implemented [puny] trade deals.

schrock Mon, 04/02/2018 - 14:37 Permalink

What a shit show. Central planning at it's finest. So stocks should be up not down. Wasn't everyone talking about the 10 year as a recession/inflation indicator, forcing the central bank to continue hiking, hence the reason why indexes have been down. This should also mean 30 year fixed mortgage rates will be heading back down so the housing market fraud can continue the price climb unabated.

InnVestuhrr Mon, 04/02/2018 - 14:41 Permalink

Not me - I was LONG bonds, my portfolio is GREEN, GREEN, GREEN and going UP UP UP ~$90K in 38 days !!!

If you believe and act on all the doom porn, then you impoverish yourself.

I will be buying another F150 turbo 4WD 10-speed - CASH.

KA-CHING !!!!!!!!!!!!!