30-yr bond yield falls to all-time low

[tsptalk]

30-year Treasury bond yield breaks to all-time low as coronavirus fears lift havens

The 10-year Treasury note yield also broke below key level of 1.50% on Friday

https://www.marketwatch.com/story/3...w-as-coronavirus-fears-lift-havens-2020-02-21

 

[Bullitt]

Government bond futures occur at 1/32nd of 1% of par. ETF's such as TLT occur at the one cent tick. A major squeeze in a TLT trade that went bad would cause major anomalies with those trying to arbitrage the ETF with the real world price.

H2O Asset Management has sent a letter to clients warning that its funds face “surprisingly large” losses because of bets on bonds and currencies that turned sour during volatile market swings in recent days.

H2O’s positions included a short trade on US Treasuries — which rallied to all-time low yields on Monday — and a long position in Italian sovereign bonds, which have been badly knocked as the country faces the world’s second-largest coronavirus outbreak after China.