Oil and Bonds, Similarities? I think so. Both are Very very crowded. Well, only one is now. With the record oil speculative longs being unwound and looking like this in 1 week
I can only help but notice the possibility that this may occur to the ALL TIME RECORD bond shorts. All time is a long time and everyone and their moms daughter, grandma, and pet monkeys are short Bonds.
I think I am going to reopen my Bonds long. I have moved my 401k into international and cash and now will be making the move to bonds. I know that I stopped out my trade this week in the 117 but this risk vs reward opportunity is too good to pass up.
Record Bond Shorts are in trouble.