Front month (July) Bullish and then tapers off - Notice September is very BEARISH ....
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Friday, July 5, 2013
Final $ZN_F & $ZB_F #PutCallRatios for Friday, July 5. 2013
The Premiums Paid Volume today is 2nd highest we have seen since this data has been collected -- bottom line: FED Tapering is coming and we believe that in September we will see about $15-20 Bils to begin.
FED Tapering is around the corner -- that is how the Big Boys are placing their bets !!
This is very BEARISH reading on huge dollar-weighted volume for premiums paid in 10yr and 30yr Treasury Notes & Bonds, within minutes of release of June NFP... the way I read this, the FED tapering is around the corner.
Have a great weekend........