What an odd arrangement! Treasuries have lately been trading within an extremely tight price range, but still trading in mirror opposite to the fortunes of stocks. More of the same! If treasuries continue for long in this consolidation pattern, we are likely to see margins fall to more common historical levels; when I began trading, the margin for trading the 10-year treasury futures was only about $800. Today, it's $2970!Monday, February 23, 2009
Treasuries Trading Within Tight Range, But Still Joined At the Hip With Stocks
What an odd arrangement! Treasuries have lately been trading within an extremely tight price range, but still trading in mirror opposite to the fortunes of stocks. More of the same! If treasuries continue for long in this consolidation pattern, we are likely to see margins fall to more common historical levels; when I began trading, the margin for trading the 10-year treasury futures was only about $800. Today, it's $2970!
