re: Anyone making plays tomorrow specifically for the FOMC meeting results and JPOW presser?

If this is the long awaited correction, it's just getting started, CNBC is pretty early with that kind of stuff.

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YCC not implemented, and SLR is not extended

Hold on to your seat belts. Yields are going through the absolute roof. Buy puts on TLT and make a fortune. Out of all the profit calculations on options I’ve ever done in history, this one is by far the most lucrative in terms of potential. Yields rise as bonds sell off. The lack of YCC and SLR will cause a massive sell of on bonds and potentially cause a gamma squeeze downwards. I’m talking 10k worth of puts being worth tens of millions in a months time.

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Well, so far, so good.

Why did anybody expect YCC?

I mean yes the Fed doesn't just randomly bring up things when they have public appearances. My thing is they don't need to. The market will do it for them. They were barely buying bonds after the initial collapse. As an institutional investor I'm probably buying the frick out of in the run Treasury bonds if they're yielding 3.5/4% if they get there. Of course I don't buy we are entering some sort of secular inflationary environment which is quite counter narrative but that's with the understanding the Fed wants you to believe inflation is here.

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Fed officials say the Treasury market has stabilized

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