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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: koan who wrote (79929)6/9/2008 5:40:44 PM
From: mishedlo  Read Replies (1) of 116555
 
Treasury Curve Steepening Bet Blows Sky High
globaleconomicanalysis.blogspot.com
Treasury spreads between the 2 year treasury and the 30 year long bond exploded today. This in and of itself is not unusual. However, the way that it happened today was indeed very unusual.

Let's take a look starting with this chart courtesy of Bloomberg....

Mish
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