part:
POSSIBILITIES: “The trader must have access to huge amounts of capital to sustain such a large position. If interest rates were to rise in any volatility-inducing manner (rise quickly – aka futures breaking), this player could be on the hook for HUGE money. We believe if 2-3 year interest rates rose 1.5-2%, this player would have losses in the billions, and capital requirements would skyrocket.”
Comment:
It sounds like a big bet on deflation if a speculator, or a manipulation plan by TPTB. Just a guess. 🙂