30 yr T-Bond sale yesterday a bust? | |
LouisWinthorpeIII User ID: 699378 United States 06/10/2009 08:29 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 699372 United States 06/10/2009 08:31 AM Report Abusive Post Report Copyright Violation | Only 46% of the bonds sold, 13 1/2 billion out of 30 B. Does anyone think the sale today will bomb? Quoting: mimiDo you have any links to articles about this? The issue at hand is that the amount of new debt the FED needs to issue may exceed the world's available capital to finance it. |
mimi (OP) User ID: 650589 United States 06/10/2009 08:57 AM Report Abusive Post Report Copyright Violation | Only 46% of the bonds sold, 13 1/2 billion out of 30 B. Does anyone think the sale today will bomb? Quoting: Anonymous Coward 699372Do you have any links to articles about this? The issue at hand is that the amount of new debt the FED needs to issue may exceed the world's available capital to finance it. No, haven't looked for any articles,,,this is what my trader told me. Makes me think the 30 yrs will really sink today but I don't know! Agree about the new debt needed and feel a good play would be Sept puts |
Anonymous Coward User ID: 699372 United States 06/10/2009 08:59 AM Report Abusive Post Report Copyright Violation | Only 46% of the bonds sold, 13 1/2 billion out of 30 B. Does anyone think the sale today will bomb? Quoting: mimiDo you have any links to articles about this? The issue at hand is that the amount of new debt the FED needs to issue may exceed the world's available capital to finance it. No, haven't looked for any articles,,,this is what my trader told me. Makes me think the 30 yrs will really sink today but I don't know! Agree about the new debt needed and feel a good play would be Sept puts If you think the auctions are going to fail, the direct trade is just to short the bonds. |
Anonymous Coward User ID: 457415 United States 06/10/2009 09:08 AM Report Abusive Post Report Copyright Violation | |
mimi (OP) User ID: 650589 United States 06/10/2009 11:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 699372 United States 06/10/2009 11:44 AM Report Abusive Post Report Copyright Violation | wow! I decided to take a chance on some futures...so far, very good but probably just beginner's luck, knock on wood! Anybody else doing this? Quoting: mimi95% of all small traders go on to lose all their money trading futures. You are trading against professionals with deep pockets in a zero sum game. |
Anonymous Coward User ID: 606636 United States 06/10/2009 12:16 PM Report Abusive Post Report Copyright Violation | No it wasn't a bust yesterday, that percentage of sale is actually not bad, Today (after 1 PM) will be a good test with $19 bill in 10 yr bonds going up for sale, Russia is reporting it will be dumping US bonds for IMF bonds which will cause yields to jump up, (IMAO). Is 4% here? Big news if it is. |
Darkman User ID: 677572 United States 06/10/2009 12:41 PM Report Abusive Post Report Copyright Violation | No it wasn't a bust yesterday, that percentage of sale is actually not bad, Today (after 1 PM) will be a good test with $19 bill in 10 yr bonds going up for sale, Russia is reporting it will be dumping US bonds for IMF bonds which will cause yields to jump up, (IMAO). Quoting: Anonymous Coward 606636Is 4% here? Big news if it is. so, will we hear about this auction after 1 pm today? or later? |
mimi (OP) User ID: 650589 United States 06/10/2009 01:01 PM Report Abusive Post Report Copyright Violation | |
mimi (OP) User ID: 650589 United States 06/10/2009 01:05 PM Report Abusive Post Report Copyright Violation | No it wasn't a bust yesterday, that percentage of sale is actually not bad, Today (after 1 PM) will be a good test with $19 bill in 10 yr bonds going up for sale, Russia is reporting it will be dumping US bonds for IMF bonds which will cause yields to jump up, (IMAO). Quoting: DarkmanIs 4% here? Big news if it is. So I wonder if I should jump back in?? so, will we hear about this auction after 1 pm today? or later? You can watch it now! The 10 year is 3.98% right now |
all2human User ID: 629291 United States 06/10/2009 01:07 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 686327 China 06/10/2009 01:21 PM Report Abusive Post Report Copyright Violation | This is an outrage. How dare the Chinese not buy these bonds?!! They should be on their hands and knees begging fo feed the endless African-Americanism that made downtown DC, Detroit and Harlem great! Thankless damn chinks. (Interesting that the last word shows up verbatim, although the "n" word will not, on GLP). You white folks better figure out that the locals here in Shanghai aren't too impressed with your highly selective PC bullshit, and I am happy to point it out to them. I look forward to kicking all all the many, many, many hypocritical and parasitical asses in the future. |
Anonymous Coward User ID: 564808 United States 06/10/2009 01:21 PM Report Abusive Post Report Copyright Violation | |
mimi (OP) User ID: 650589 United States 06/10/2009 01:27 PM Report Abusive Post Report Copyright Violation | Only 46% of the bonds sold, 13 1/2 billion out of 30 B. Does anyone think the sale today will bomb? Quoting: all2human 629291What are you talking about? There was not 30 year bond sale yesterday. You need to get a new 'trader' soon. Ooops, told you I was a beginner! Because I was trading the 30 yr, I guess I thought he meant the 30 yr sale. Thanks for pointing that out. Sorry about that and hope I haven't misled anyone |
Anonymous Coward User ID: 688827 United States 06/10/2009 01:30 PM Report Abusive Post Report Copyright Violation | |
falldown User ID: 520470 United States 06/10/2009 01:32 PM Report Abusive Post Report Copyright Violation | |
falldown User ID: 520470 United States 06/10/2009 01:33 PM Report Abusive Post Report Copyright Violation | Cross-link: Thread: Treasury Auction = EPIC FAIL ~ ~ "He who does not understand your silence will probably not understand your words." ~Elbert Hubbard |
mimi (OP) User ID: 650589 United States 06/10/2009 02:46 PM Report Abusive Post Report Copyright Violation | |
mr...bojangles User ID: 692704 Mexico 06/10/2009 02:48 PM Report Abusive Post Report Copyright Violation | the way things are going...i`m surprised they sold any at all.... Beyond one's own mind there is no dazzling light to come shining in from outside to wake one up. If one recognizes one's own intrinsic State as pure from the beginning and only temporarily obscured by impurities, and if one maintains the presence of this recognition without becoming distracted, then all the impurities dissolve. This is the essence of the Path-namkhai norbu. Why is there a legend about the descent of Christ into hell? The Teacher addressed the lower strata of the astral world, saying: �Why, by cherishing earthly thoughts, bind oneself eternally to Earth?� And many revolted in spirit and rose higher. Thread: I shot video of the earth from my spacecraft, enjoy! |
PatrikC325 User ID: 587344 United States 06/10/2009 02:52 PM Report Abusive Post Report Copyright Violation | I made 8 points then got out after lowering my stop once. I'm definately a 'little guy' and you're right about playing against the pros but today was actually my 5th time. So my modis operandi is: I started with under $400 and 1 short position and held back 1/2 my profits each time I went short. I've been placing my stop loss carefully and plan to never lose more than I put in. I don't need to make a million ( although I wouldn't mind!)...just a small enough to cover certain expenses. Quoting: mimiGood way to play it! Stops are in.......... |
Milky Way Today User ID: 697815 United States 06/10/2009 02:57 PM Report Abusive Post Report Copyright Violation | the way things are going...i`m surprised they sold any at all.... Quoting: mr...bojanglesSloppy? Yes, you look at the Tail, and it was long. 2.65times more bidders than the sale. Not a fail, I doubt yu will get any less than 200% more buyers. Tomorrow should be huge, 300% more buyers than seller, me thinks. See, the government does not create money out of thin air,(as P.Shifter might have you believe), they have to sell Bonds, they create debt. Just like any one that want something and uses their credit card. You borrow it using future income streams. |
Anonymous Coward User ID: 699372 United States 06/10/2009 03:01 PM Report Abusive Post Report Copyright Violation | the way things are going...i`m surprised they sold any at all.... Quoting: Milky Way Today 697815Sloppy? Yes, you look at the Tail, and it was long. 2.65times more bidders than the sale. Not a fail, I doubt yu will get any less than 200% more buyers. Tomorrow should be huge, 300% more buyers than seller, me thinks. See, the government does not create money out of thin air,(as P.Shifter might have you believe), they have to sell Bonds, they create debt. Just like any one that want something and uses their credit card. You borrow it using future income streams. The government does create money out of thin air when they monetize the debt like they are doing right now. They issue bonds out of one window and buy those bonds from the other window. So one of the most important auction statistics is how much of the debt the FED itself bought either directly or through proxies or intermediaries. |
Peter dribble User ID: 697815 United States 06/10/2009 03:07 PM Report Abusive Post Report Copyright Violation | the way things are going...i`m surprised they sold any at all.... Quoting: Anonymous Coward 699372Sloppy? Yes, you look at the Tail, and it was long. 2.65times more bidders than the sale. Not a fail, I doubt yu will get any less than 200% more buyers. Tomorrow should be huge, 300% more buyers than seller, me thinks. See, the government does not create money out of thin air,(as P.Shifter might have you believe), they have to sell Bonds, they create debt. Just like any one that want something and uses their credit card. You borrow it using future income streams. The government does create money out of thin air when they monetize the debt like they are doing right now. They issue bonds out of one window and buy those bonds from the other window. So one of the most important auction statistics is how much of the debt the FED itself bought either directly or through proxies or intermediaries. You are confusing the Treasury and the Fed. Lets see how much was purchased by Foreign banks. Or as you think, Fed proxies? |
Anonymous Coward User ID: 699372 United States 06/10/2009 03:13 PM Report Abusive Post Report Copyright Violation | the way things are going...i`m surprised they sold any at all.... Quoting: Peter dribble 697815Sloppy? Yes, you look at the Tail, and it was long. 2.65times more bidders than the sale. Not a fail, I doubt yu will get any less than 200% more buyers. Tomorrow should be huge, 300% more buyers than seller, me thinks. See, the government does not create money out of thin air,(as P.Shifter might have you believe), they have to sell Bonds, they create debt. Just like any one that want something and uses their credit card. You borrow it using future income streams. The government does create money out of thin air when they monetize the debt like they are doing right now. They issue bonds out of one window and buy those bonds from the other window. So one of the most important auction statistics is how much of the debt the FED itself bought either directly or through proxies or intermediaries. You are confusing the Treasury and the Fed. Lets see how much was purchased by Foreign banks. Or as you think, Fed proxies? I am not confusing the two. The FED is monetizing the debt under the moniker of "quantitative easing" which is a euphemism of printing money. Put simply, they are buying their own debt. The sophisticated traders are watching for the proportion and degree of quantitative easing versus interest rates because effectively they are buying as much of their own debt as necessary to keep interest rates down and it isn't working. |
Anonymous Coward User ID: 366482 United States 06/10/2009 03:25 PM Report Abusive Post Report Copyright Violation | the way things are going...i`m surprised they sold any at all.... Quoting: Anonymous Coward 699372Sloppy? Yes, you look at the Tail, and it was long. 2.65times more bidders than the sale. Not a fail, I doubt yu will get any less than 200% more buyers. Tomorrow should be huge, 300% more buyers than seller, me thinks. See, the government does not create money out of thin air,(as P.Shifter might have you believe), they have to sell Bonds, they create debt. Just like any one that want something and uses their credit card. You borrow it using future income streams. The government does create money out of thin air when they monetize the debt like they are doing right now. They issue bonds out of one window and buy those bonds from the other window. So one of the most important auction statistics is how much of the debt the FED itself bought either directly or through proxies or intermediaries. You are confusing the Treasury and the Fed. Lets see how much was purchased by Foreign banks. Or as you think, Fed proxies? I am not confusing the two. The FED is monetizing the debt under the moniker of "quantitative easing" which is a euphemism of printing money. Put simply, they are buying their own debt. The sophisticated traders are watching for the proportion and degree of quantitative easing versus interest rates because effectively they are buying as much of their own debt as necessary to keep interest rates down and it isn't working. The Treasury (part of the US government executive branch) issues the debt (bonds), the Fed ("independent" central bank) has been buying some of the bonds. |
Peter dribble User ID: 697815 United States 06/10/2009 03:40 PM Report Abusive Post Report Copyright Violation | Who is Auctioning debt? The Fed? NO, it is the Treasury. Do not confuse the Federal Reserve and the Treasury. The fed has always purchased debt to add liquidity or with forced a buy back, "reverse repos" to drain reserves. The feds balance sheet is down about 300 billion since the high. The Bond/note rates/prices are a function of the free market. Bond Vigilantes, or all the world's investors/foreign banks. |
TrueProphet User ID: 272605 United States 06/10/2009 03:45 PM Report Abusive Post Report Copyright Violation | This is an outrage. How dare the Chinese not buy these bonds?!! They should be on their hands and knees begging fo feed the endless African-Americanism that made downtown DC, Detroit and Harlem great! Thankless damn chinks. Quoting: Anonymous Coward 686327(Interesting that the last word shows up verbatim, although the "n" word will not, on GLP). You white folks better figure out that the locals here in Shanghai aren't too impressed with your highly selective PC bullshit, and I am happy to point it out to them. I look forward to kicking all all the many, many, many hypocritical and parasitical asses in the future. BRING IT ON SISTER |