Looks to me like 134-20 (1 full handle above current prices) should appear before month end, unless the Euro area gets saved before then...odds on that?? (here's a hint...buy dips)
Monday, August 13, 2012
Who doubts the force of gravity in the bond market?
I've received a lot of questions about where the medium to long term equilibrium in ZN might be. Here is my 1 month graphical response.
Looks to me like 134-20 (1 full handle above current prices) should appear before month end, unless the Euro area gets saved before then...odds on that?? (here's a hint...buy dips)
Looks to me like 134-20 (1 full handle above current prices) should appear before month end, unless the Euro area gets saved before then...odds on that?? (here's a hint...buy dips)
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