good day

fomc meeting created low 140-15 area

century city capetown

update

happy holidays

seasons greetings

where to short for next leg down?

@tigertrader

I'm trying to learn about bonds and interest rate.

Current coupon for the 30 year is 2.49%

https://www.edwardjones.com/en_US/market/rates/current_rates/index.html

Yield closed today at 2.669%

I'm not sure what that means in terms of interest rate hike expectations. But if interest rates get hiked by 0.25%, the bonds would go to 155 (~3.5% down from today's closing price):



So is there any reason to be long bonds now?
I know there's an arbitrage between the euro bonds and US bonds due to difference in the interest rates, but I"m not sure how much of a force that is playing in bond prices. Are institutions willing to hold on to US bonds just to get any yield?

hi follow up 60min

hi all

a possible support coming up in 149.00 area............ will it hold?