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RE: ScaredyCatGuide thoughts on the 1st trading day of 2017!
Thanks for sharing.
Sometimes it is the things you are not watching that are interesting. Check this one out - while Treasuries did very little, shorter term interest rates were all over the place.
One month chart of Sept 2018 3 Month Euribor futures. Price spiked up on Jan 2 - markets were open that day (yields lower) and then came back to exactly where they started [note: 1 month chart]
How about this one? - 4% drop in the afternoon trade. Some contracts were down 10%
March 2017 futures on natural gas. [note: Jan 3 day chart]
Yes, we definitely got some volatility back today. The USD/YEN made quite the intraday pullback today and the swing on the treasury yields was decent only to settle slightly lower.