Caught On Tape: How ‘Someone’ Spoofed US Treasuries Lower Overnight

Caught On Tape: How ‘Someone’ Spoofed US Treasuries Lower Overnight

Tyler Durden’s pictureSubmitted by Tyler Durden on 07/10/2015 11:44 -0400
http://www.zerohedge.com/news/2015-07-10/caught-tape-how-someone-spoofed-us-treasuries-lower-overnight

Dear SEC, SIFMA, FINRA, CFTC, and anyone else who refuses to pay attention to the man behind the curtain. Following the initial dump in Treasuries after Greek proposal news overnight, bonds started to rally back… it appears that was unacceptable as ‘massive’ spoofing was then put in place to signal the price of Treasuries lower (yields higher)…

And in context this was a massive size spoof…

Source: @NanexLLC

With all eyes focused on China’s blatant manipulation of its market, this kind of abuse of the bond market will just go unnoticed we are sure… or we’ll just have to get used to it.

And something is spooking Treasuries this morning…

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