I mentioned in the first posting of TLT that when the Fed is set
to action bonds they (PPT) have been selling off the broad markets
so as to drive folks into buying their paper. A friend sent me
this:
last 30 year
auctions were
13B 11/10/11 1280
10days before and 1230 bottom day before auction
16B 12/14/11 1260
down to 1210 4% in 5 days to 12/14/11
13B 1/12/12 fell
hard the morning of the auction
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TLT
Posted by ditch on 26th of Jan 2012 at 06:34 pm
I should have posted this one again.
I mentioned in the first posting of TLT that when the Fed is set to action bonds they (PPT) have been selling off the broad markets so as to drive folks into buying their paper. A friend sent me this: