Menu Close

Primary Dealers Are Maxed Out Again

The dealers have gone to an extreme of leverage against their bond positions for the second time since last July.  Back then, the extreme lasted for about a month, and it coincided with an intermediate top in stock prices and an accelerated decline in bond prices and the necessary inverse rise in yields.  Non-subscribers, click here for access.

Subscribers, click here to download the report.

This report shows the pictures that tell the story, and that tells us what to do about it.

Subscription Plans

KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality! 

Posted in 1 - Liquidity Trader- Money Trends, Fed, Central Bank and Banking Macro Liquidity
%d bloggers like this: