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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bruiser98 who wrote (144978)12/24/2018 4:57:31 PM
From: TobagoJack1 Recommendation

Recommended By
marcher

  Respond to of 217561
 
Super!

Wonder who invented what and when, and whether IP royalty was paid.

In the mean time, am looking here, and see need for pumping assuming the pumps still in working order ...

zerohedge.com

Treasury Flash Crash Inverts 1Y-2Y CurveThings are just breaking left and right in the market now.

Shortly after the 1PM stock market close (but before the 2PM bond market closure) we pointed out that the 2Y yield had flash crashed on what appeared to be a short seller capitulating violently. Well, something else rather remarkable happened in that brief spike in activity: as 2Y yield tumbled first below 2.58% and then below 2.56%, the 12 Month (1 Year) Treasury - 2 Year Treasury curve inverted suddenly, sliding as low as -0.02%.

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As one would expect, this was yet another of those "since 2008" events, because the last time the 1Y-2Y curve inverted was during the panic of the 2008 financial crisis.

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And with a massive short overhanging still waiting across the entire curve as we discussed yesterday, expect many more such "breakage" events to take place in the coming days.