Finally shorted 30 year US Treasuries...Q1 GDP is going to be a bl owout...
Sold 30 year US Treasury Marcch future at 112.88 in £5 per cent after reading a Bloomberg article saying how Q1 US GDP is going to be huge when it comes in, possibly 6%+. This will give the FED room to keep hiking rates, and at some point the long-end will wake up to the fact it should not be through base rates in an expanding economy. First stop 5%! For reference, new 30y Treasury is around 4.52% today.
3 Comments:
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