via INO.com - Extreme Futures

Under the extreme futures link for the INO.com website, one in particular stood out that would be in the shareholder's interest. The 10-year Interest Rate Swap rose 4%, which means that 20X leveraged positions that cannot tolerate more than a 5% move in interest rates are poised to have margins called.

The surprise of the day is that the LQD didn't budge on a bad day for fixed income.

Note that lows in GBN.V stock also co-incide with the lows of the interest rate swap price, with GBN.V lagging siginificantly over the holiday season.

http://quotes.ino.com/charting/?s=CBOT_SRX.H13.E