Guessing Where Bonds Go In Front of Fed? Crazy I Know.

Quotable

“If we become increasingly humble about how little we know, we may be more eager to search.”

                                    Sir John Templeton

Commentary & Analysis

I’m not sure what the Fed will share with us tomorrow. But I am looking for a bounce to 136^32 on the 30-yr T-bond futures. Thus, risking two points to make five isn’t a terrible risk/reward for a short-term trade.