From today's accutic plus report:
Chart above is interesting. During the transition that took yields from 2.30 to 2.40 and in a couple of days we started to trade around 2% with highs around 2.10 and lows around 1.90%.
The theme that was playing out during that end of Oct. period are worth noting. Take a look at the accutic plus report on Nov. 1.
http://financialfutures.typepad.com/accutic_plus/2011/11/treasury-trading-update.html .
For more on the above and update on today's flows - and they keep coming in by the busload in the short end - members log in here. http://financialfutures.typepad.com/accutic_plus/
If not a member and would like access just post a comment below and we will get back to you.
Thanks,
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