bond yields are skyrocketing.... they are "breaking out". This is what we've been looking for. The real breakout. I took a small position, 1 lot, in TBT at 52.11.
On a day that the Dow is currently down 1.5% and bond yields are up 2.5%, that is rather amazing. This might finally be "it" for the bond market to start the long trend back up in yields.
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To make room in margin-land I had to sell VLO at 22.50 earlier, a small $1.50 profit per share.
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