re: The short squeeze thread

Not really a whole lot of shorts out there this week in Treasuries. In June you could reverse-repo out 10's up to -3%, and the past couple weeks 5's, 3's, and 2's have had spots of trading really special as well. Now the best is really some old 5's giving you ~30-40bs, then reinvesting at 7-8bps GC repo you've got ~45bps trade. Not bad considering the risk involved but definitely not the return you can get from reverse-repoing some corporate bonds or playing short interest in equities.