Hello Everyone,
We are currently at 113’14’5 in the 10-year note futures. The 10-year yield is at 3.723%. I am opening a long bond trade here:
Here is how I view the risk-reward:
If anything changes or I take the position off, I will let you know. Remember, risk management and position sizing are more important than getting a call right!
None of this is investment advice in any way! I will do another article soon explaining more of the logic behind this.
Go back and read the macro report here for more background as well:
Thanks for reading!
I think your thesis is correct but I'm worried about the timing. It seems to me that 10-years are getting bids because of their safe haven status in the midst of the debt-deal stall (which markets expect to be resolved this week) and a weakening global economy, but there could be sell off next week if a deal isn't penned by Friday.
hi why the 10s instead of longer tenors?