A Short’s Desperate Attempt To Put A Bearish Spin On A Manic Squeeze

Via Kevin Muir of “The Macro Tourist” fame For bond bears like myself, today was an ugly day. Fixed income prices ripped higher, egged on by continued escalations of the North Korea situation with an added dose of poor economic reports for good measure. Some dovish Fed talk was the icing on the cake, and there was no mercy shown for bond shorts. Although I am licking my wounds, the hedge fund community is relatively well positioned for this move. The long end of the bond futures curve h

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today

View subscription options

Already have an account? log in

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

3 thoughts on “A Short’s Desperate Attempt To Put A Bearish Spin On A Manic Squeeze

  1. no not pathetic.
    it is just a trade–you’re on one side or the other.
    use an option spread–if that makes you happy. that’s what one trader did–he even made the funny papers.
    it is just two sides of the issue that’s all.
    i for one like the long options. not much left on lower rates.
    if they go negative which i think is highly possible, better to be short equities i think.
    keep writing we are listing–well some of us.
    lotsofluck

  2. Hitting stops in the Ultra BOND has been like shooting fish in a barrel all year. PMIs are not incontravertable proof of crap. And…the Chinese saying the global economy us salutary might want to scope out USA disposable income, among other more important metrics. They aren’t just talking their book, they are talking an economy that is a proverbial house of cards.