A Big Bold Bet in the Bond Market, and a Couple Names That Are “So Bad, They’re ___” 10/12/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 12 October 2022
⏱️ 44 minutes
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| 0:00.0 | Right now in fast markets on the clock for tomorrow's big CTI report and if |
| 0:04.9 | what we are hearing from the Fed and big businesses right inflation's not |
| 0:08.5 | going a lot lower for potentially a long time so what is the trade in a |
| 0:11.9 | stubborn and sticky high price environment plus batter of the playoff |
| 0:15.6 | edition of the trader triple play we've got a costly cola a chipmaker getting |
| 0:19.6 | semi slimmed and a nuclear deal that has investors kind of melting down and |
| 0:23.9 | later we're going off to the charts to look at three names hitting new lows |
| 0:27.8 | that are so bad there well we'll fill in the blank I'm Melissa Lee this is |
| 0:33.0 | fast money we're live with the Nasak market side a full desk in house tonight |
| 0:36.2 | Tim Seymour, follow a nice and steep roster and a special appearance for the |
| 0:39.9 | hour by the one and only chart master Carter worth and as we count down to |
| 0:44.2 | the September CPI report we start with a big bet for a big move in the |
| 0:48.0 | bond market one options trader this morning making a million dollar |
| 0:51.0 | wager that the yield and the ten year treasury could fall to 2.9% by |
| 0:55.1 | December that is a move of 100 basis points in less than two months now in |
| 0:59.9 | normal times that would be massive but this would only be the second biggest |
| 1:03.4 | bond move in recent months over the summer keeping mind the ten year sword |
| 1:06.6 | 150 basis points from August to September that kind of made sense with all |
| 1:11.2 | the fed rate hikes but that question here now is what kind of signal would a |
| 1:15.0 | steep drop in yields send to this market what would that world look like would |
| 1:20.2 | CPI still be high would we see a Fed pivot Tim what do you think well yields |
| 1:24.4 | plunging would certainly be a a growth scare beyond expectation and it would be |
... |
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