ひろ0723 commented on a stock · Nov 7, 2024 11:33

So, that's what the funds were after!

$Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US)$ The 30-year bond interest rate for the November auction is 4.608 as of 11/6, which is almost the same as the current interest rate. Approximately $25 billion worth of high-yield bonds will be scattered in the market on 11/14. Needless to say, existing bonds with an average yield of less than 3% targeted by TMF are likely to further decrease in price due to new bond issuances. Funds took advantage of yesterday's presidential election to raise interest rates before the auction rate decision, and I believe they were also setting up mechanisms for prices to drop further. The downward trend seems imminent, but hedge funds are preparing for further declines beyond next weekend! It's amazing! There should be selling before issuance, so they will likely engage in short selling based on various FOMC announcements, causing significant price fluctuations. I don't currently hold any positions, just observing, but it might touch 39 once in November. The wide fluctuations are likely due to hedge funds, but the decrease itself is the inherent movement of the market.

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ひろ0723 OP : I thought it was strange because there was a big sell-off in the early stages of the presidential election vote counting. It's a learning experience~

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ひろ0723

NISA積立NAS/成長個別。SOX量子も当面無視。データ/電力/防衛セキュリティ/レジャー/外食チェーン/金融の関税遠いセクターの個別

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