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Treasury Flash Crash Inverts 1Y-2Y Curve,,,,,,,,,,ALGOS GONE WILD LOL

By: capt_nemo in POPE 5 | Recommend this post (0)
Mon, 24 Dec 18 9:56 PM | 46 view(s)
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Msg. 17942 of 62138
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Things 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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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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