TMV saw a nice advance right after the 30 year treasury auction didn't go so well. It looks like there's profit taking going on in TMV, the volume is quite heavy right now. This may have to do with the POMO schedule due to be released shortly.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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