Friday, September 7, 2012

If you ever wondered what violent short covering in the treasury market looks like...

Not going to repeat here what you can read over at zerohedge.  However, if you ever wondered about what govt bond traders can do to a market when they want to exit a it is

For all those correlation traders out there...i can feel you licking your chops.  Yes, this looks like a good opportunity to sell both treasuries and stocks.

govttrader out...

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