Market Miscellany

November 28th, 2014 6:41 am | by John Jansen |

One friend of this blog in his overnight note touts owning Lincoln Navigators and shorting Prius.

That gentleman notes Japan based sellers of the 4 year sector and the same group buying 7 year notes.

He also noted that active trading types AKA fast money was searching for tight markets in TIPS.He thinks fast money bought the recent 10 year TIPS auction and is now in search of bids to exit those positions. With oil slumping as it has TIPS breakevens should be under significant pressure today.

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