09-11-2016 15:55 via feedproxy.google.com

Treasurys stage a massive reversal (TLT, TBT)

Treasurys have seen a massive reversal following the news that Donald Trump has been elected President of the United States.
Aggressive buying pushed yields down as much as 17 bps in the belly of the curve after Trump won the key battleground state of Florida, North Carolina, and Ohio.
However, once it was clear that Trump was indeed victorious, vicious selling took hold in longer maturities, running yields back up into positive territory.
Here's a look at the scoreboard as of 9:4
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