Friday, October 26, 2012

Flagging Bonds

But if this ever changing world in which we live in
Makes you give in and cry
Say live and let die
--Paul McCartney

Interesting pennant pattern forming in 10 yr Treasury yield. Top edge lines up well with 200 day moving avg. Bottom edge lines up well w 50 day moving avg.


An interesting anomaly. Will also be interesting to see which way this thing breaks.

Should also note that the thought of shorting Treasuries is increasingly crossing my mind.

no positions

1 comment:

dgeorge12358 said...

When you take a look at the problems our country is facing, debt is No. 1. The math is downright scary and the credit markets aren't going to keep on giving us cheap rates.
~Paul Ryan