Loading ...No rates riseing ….u can see the scum come in and ram the 30 yr, to try and trigger SM Algo’s, just like the play the Vix, by smacking that down…anything to get a bid in the SM….well it didn’t work and the 30 yr closed on it’s arse,,,rates down.
That quick pop in Gold was a classic of what happens, when the scums boot is removed/slips.
Much longer and no recovery bounce in the SM and this whole pack of cards is gonna blow…as I said the other day…Deutsche was a pile of , before this thing blew….imagine what it is now.