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In past years,I believe there has been published articles relaying ideas
that on 'important government report' days (usually 0730 hrs,C)the US 30
yr bond will Usually move back,to its price (within a few ticks)that was
traded at a few minutes before the release of the report-ie:0725/30 hrs
c.
Today (6/2) was a different type of example,in that the bonds did not
retrace to that level till about 3 and 3/4 hours later.
One thing is certain,markets are in a constant state of
change.--including the 10 yr dominance thing.
Have any traders on this list conducted studies on this supposed
phenomenon,or have comments,whether yea or nay,or otherwise?
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