Talking about out of whack there is something really weird going on the T bond market.
The December 09 contract is priced approx 80 pts higher than the forward March 10 contract and commercials are starting to pour in.
December 09 is trading at 119.50 whilst the March 10 contract is trading at 118.80.
I have seen this before when commercials are pouring in and it's keeping the speculators at bay.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,590.7 |
Change
1.400(0.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.1 | 8,610.0 | 8,550.2 |
| XJO (ASX) Chart |