Tuesday, August 14, 2012

I can't believe how slow this market is

I sold some 30Y bonds, putting myself into a 10/30 steepener in anticipation of the 3pm ETF re-balance.  Hopefully, there will be some volatility to trade around between now and the end of the day..this low vol is killing me.  Treasuries selling off 7 bps while stocks are basically unch on the day doesn't help either.

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