Peter Grandich said this this morning.
"A very good friend way up in the fixed-income market who has enlightened me over the years feels we could see an announcement by the FED to start buying treasuries in the open market as early as today. If and when that happens, bonds and stocks should rally but I be a big seller of long treasuries shortly there after."
on his blog.
I sold my htd this morning and will be looking to buy it back at about $13.00