Today’s auction of the 30yr went well at 3.12%. "It’s the only place to be," say strategists, and, "we know the Fed is a buyer."
No matter. Remain long (L - S) the curve. We noted Oct/11 to look for more from the 2 - 30, then, +276, last, +288.
Robert Craven
No matter. Remain long (L - S) the curve. We noted Oct/11 to look for more from the 2 - 30, then, +276, last, +288.
Robert Craven
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