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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (99517)7/9/2009 3:25:44 PM
From: TRINDY  Read Replies (1) | Respond to of 116555
 
I see a lot of disagreement about the course of LT interest rates on various sites, which is what makes for markets. There are a lot of things I don't understand. Today, the 10 year is said to have done well, but TBT is up 3.5%, in one day returning what is would take a year to make holding the actual security. TLT is down 1.8 percent as I write on a day the auction was said to have gone quite well.

I assume that your expectation of a winning trade on TLT is based on your feelings that the stock market will soon be under considerable downward pressure. Correct?

Thanks.