Wednesday, September 12, 2012

Important Calendar Item - early 30yr bond auction

Tomorrow's 30yr bond auction takes place at 11:30 AM (not the normal 1pm time slot) because of the 12:30 FOMC meeting announcement.  I'm sure that a lot of market participants are not aware of this odd scheduling item.  This should make selling strength after today's 10yr auction a viable strategy for setting up for tomorrows 30yr bond auction.

more later...govttrader out

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