The recent selloff in U.S. Bonds has made them comparatively cheap at each end of the curve. The five year note has been the most interesting to trade from the long side. The hard part has been finding a good (bond) market too short against it. JGB’s have been the answer.
Because both anchors are falling I can only take short positions here. All those red dots on the top of the bars indicate days when the market can be shorted. The key has been to execute these short trades (and cover them) without getting hurt by large opening gaps.
Lately the market has accommodated me.
