Tuesday, February 3, 2015

[$TNX.X] - the 10 year trasury showed signed of weakening today.

In the backlink I provided a WC model which suspected that a big rally could soon be coming to interest rates.  This is worth keeping an eye on and it could turn out to be very trade-able.  Today's move was good for a very respectable 6.4% - not something you normally consider associated with interest rates. 
























No break out is confirmed yet but if you want to play then something like TBT or DTYS should work.  I normally wouldn't play interest rates because they are normally a snooze but with as badly manipulated as they are, the snap back could be strong.  Keeping a beach ball underwater takes energy and if you screw up it comes popping to the surface.

No comments:

Post a Comment

Hi and welcome to my blog. Comments have been enabled for anyone with a google account.

Twitter Delicious Facebook Digg Stumbleupon Favorites More