Monday Morning Wake-Up Call: $30 Billion QT Hammer Will Slam The Spooz

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The streak is alive and well. QT days have been rather large down days for the S&P 500. And this month’s maturity is another big one - over $30 billion.....I was surprised to find that government bonds can mature on a weekend...... This means that this month’s QT maturity day effect will occur on Monday - not Friday’s month end. So mark it in your calendars - Monday July 2nd spooz should trade heavy if this QT theory holds true.

 

https://www.themacrotourist.com/posts/2018/06/27/anotherqt/

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