I am pressing my bond short again inside 12631, long both TBT TMV into the final moments of trading today.
To my eye, bonds should have screamed higher on the dovish FOMC action and rhetoric, particularly after becoming oversold last week. Thus, I am pressing here.
I am still prepared in case we see some type of delayed-reaction bounce in bonds but, for now, the remain weak and I am going to stick to trading what I see.
More on my video market recap after the bell.
