And speaking of risk assets, I recommend closing the Stocks vs 10Yr trade (short ES and short 10yr notes recommended on Oct 1st), as the divergence has been alleviated.
Govttrader out...
Tuesday, October 9, 2012
The more things change...
The more they stay the same. This week is setting up to be a pretty stable week in US Treasuries (knock on wood). ZN has demonstrated that it has repriced the market, and we are back to center-of-value theme trading, with 133-05 reigning the market today, regardless of what risk assets are doing.
And speaking of risk assets, I recommend closing the Stocks vs 10Yr trade (short ES and short 10yr notes recommended on Oct 1st), as the divergence has been alleviated.
Govttrader out...
And speaking of risk assets, I recommend closing the Stocks vs 10Yr trade (short ES and short 10yr notes recommended on Oct 1st), as the divergence has been alleviated.
Govttrader out...
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