I love Italy, it's just their 10y bond I hate. (Short #BTP)
Short BTP. It is just question of time to finish the "flag denial" on weekly.
Should the 2,25 - 2,35 % yield zone break, BTP mkt would be slaughtered. Look at the upside on the yield chart, and you will understand how bearish it can go: measured target would be around 3,80 %.
Again, burn it into your mind: bond markets are in danger rather than equities!
p.s.:
Before novice guys start asking stupid suestions: if you short bonds, you expect the yields to rise. That's why this post is marked as "Short".
Should the 2,25 - 2,35 % yield zone break, BTP mkt would be slaughtered. Look at the upside on the yield chart, and you will understand how bearish it can go: measured target would be around 3,80 %.
Again, burn it into your mind: bond markets are in danger rather than equities!
p.s.:
Before novice guys start asking stupid suestions: if you short bonds, you expect the yields to rise. That's why this post is marked as "Short".
