"Returning to earlier levels is a harbinger of nothing more than a change in sentiment regarding what to expect in jackson Hole."

I'm happy to see that you agree with me again. That is exactly what I thought I said.
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"knee jerks that have allowed me to trade these fixed income markets quickly and profiably."

Then I assume that you are short them now since the rollover I mentioned has accelerated.
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"I'm actually surprised that with your experience and market participation you are being influenced by their inane reactions."

Its fun and useful to think ahead, despite the fact that I have already positioned myself for the events that are unfolding as we beat on each other.
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"Simply put, the markets all went up on QE3 expectations and are now retracing, as those expectations wane."

I posted that days ago with warning about disappointment to come from Jackson's hole.

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