Trade Alert

US 30-Year Treasury Bond Yield hits 5%

_{Posted by Club Member Bonds 5.10.23}

Decided to close my short position on US treasury bonds and lock in the $3,000 profit from the trade

Near term, the move in bond yields look stretched, at one point the 30-year was more than 100bps above its 200-day moving average!

Will look to put the trade back on at some point as a hedge against my long tech positions.

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#Trade Update #Market Timing #US Bonds #Yields

Related Posts: Pair trading mega cap tech, up $2K from shorting US Treasuries.

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