looks like the bear is trying to reassert itself.
interest on the 30 yr is wanting to climb above 3.2, if that holds, it should then try to climb above 3.5
When was the last time interest rates were that high?
I remember Campion, a few years back posting to us about a huge short bond postion that he had on for years. He was behind 6 figures for awhile I think and he would add to the position, then take some off.
I think he ended up making some nice money on it.
T-bonds broke lower breaking a double bottom and closing below it.
the 10 year note looks weaker
short via TMV and holding
Thanks cutworm!
Is all your corn planted?
Corn and beans all planted. This area of sein is 98 % done and waiting on rain.