sandy beach Posted February 25, 2021 Report Share Posted February 25, 2021 20 minutes ago, Jimi said: 10-year. gonna leave a mark. A train wreck up ahead. Link to comment Share on other sites More sharing options...
Jorma Posted February 25, 2021 Report Share Posted February 25, 2021 Fun chart. The story of the entire adult lives of most working people today. Including banking and finance of course. The lesson; interest rates only fall. I suppose the US could follow Japan and just monetize most of the government debt, keeping even long term rates scraping bottom for years on end while the currency stays viable. That's what everyone is counting on, if they know it or not. Anyhow a fun chart as you can get the date week by week and try to remember what was happening at the time. https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart The yield on the 10 is up only 50% this year. Is that a lot? Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2021 Author Report Share Posted February 25, 2021 Thanks T! I'm mildly OCD. 😄 I've managed to cut my gains in half from the open. Looking to add if this firms up. LOLFingL Lee The Bull Link to comment Share on other sites More sharing options...
Jorma Posted February 25, 2021 Report Share Posted February 25, 2021 19 minutes ago, DrStool said: Thanks T! I'm mildly OCD. 😄 I've managed to cut my gains in half from the open. Looking to add if this firms up. LOLFingL Lee The Bull I don't actually think it's this. Maybe more like in front of a bicycle. Link to comment Share on other sites More sharing options...
Jorma Posted February 25, 2021 Report Share Posted February 25, 2021 It's the legendary arch formation. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2021 Author Report Share Posted February 25, 2021 USD is Shitapon Sam today. Furriners are selling Ts and repatriating their cash. This is really, really bearish. Everything I purdickted is coming home to roost. I'm out of all but 3 of my longs. They're still solidly above trend. Shockingly, I actually have a gain today despite coming in with 12 dongs. The screens give me a couple that were up enough to offset the falling shit. Just now on the verge of making our first lower low today. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2021 Author Report Share Posted February 25, 2021 Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2021 Author Report Share Posted February 25, 2021 Good god. Link to comment Share on other sites More sharing options...
Jorma Posted February 25, 2021 Report Share Posted February 25, 2021 5 minutes ago, DrStool said: Good god. Except Jan SPX closed at 3714. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2021 Author Report Share Posted February 25, 2021 Treasury just announced another $30 billion in T-bill paydowns, hitting March 4. This brings the 2 week total to $155 billion and it is NOT ENOUGH. The system is collapsing. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2021 Author Report Share Posted February 25, 2021 The current move on the 10 year yield now projects to 1.60, up from 1.50. Link to comment Share on other sites More sharing options...
Jimi Posted February 25, 2021 Report Share Posted February 25, 2021 14 minutes ago, DrStool said: Treasury just announced another $30 billion in T-bill paydowns, hitting March 4. This brings the 2 week total to $155 billion and it is NOT ENOUGH. The system is collapsing. Link to comment Share on other sites More sharing options...
Jorma Posted February 25, 2021 Report Share Posted February 25, 2021 15 minutes ago, DrStool said: Treasury just announced another $30 billion in T-bill paydowns, hitting March 4. This brings the 2 week total to $155 billion and it is NOT ENOUGH. The system is collapsing. But there are the $139bn notes coming out on the 1st. Now I see some wags are saying the Fed wants a steeper yield curve, to get banks to go out there to fund the deficit.. Cripes. Link to comment Share on other sites More sharing options...
Jimi Posted February 25, 2021 Report Share Posted February 25, 2021 2 hours ago, sandy beach said: A train wreck up ahead. Choo-choos all over the tracks presently. Link to comment Share on other sites More sharing options...
sandy beach Posted February 25, 2021 Report Share Posted February 25, 2021 OK - you are appointed Gov. of the Federal Reserve. What would you do? No correct answers please. Link to comment Share on other sites More sharing options...
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