The 5-Year T-Note just posted

    Posted by EdZ on 27th of Apr 2026 at 11:36 am

    The 5-Year T-Note just posted its largest net improvement in recent memory — 89,000 contracts — signaling a curve steepener trade as the Fed regime changes.

    The Nasdaq is diverging from its COT momentum at all-time highs —shorts are building against the euphoria.

    The VIX is priced for calm ahead of the most binary weekend catalyst of the year.

    The yen carry trade is at a historic extreme — 101,000 net short —with three independent triggers that could ignite a squeeze.

    The grain complex is unanimously bullish on biodiesel and ethanol economics, not speculation.

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