Acorn Update: TLT Put Ratio Backspread
Time to take advantage of the mini rally in the long bond and roll up the strikes.
I wanted to wait until post today’s CPI to put this out. I often have the sensation that even if I had the benefit of knowing the inflation data in advance, trading that inside information would probably be profitable less than half of the time! Today is a case in point.
Yes, bond yields rose off the back of the higher-than-expected print (it even took…