/biz/ - Business & Finance

can we talk about the 10 year note
i feel like im the only one on this board wojaking about the 10 year note and that has me anxious

how are people feeling about the ten year yield rn? looking back at my portfolio over the past month, its really clear that I should have exited most of my holdings into cash the moment the 10 year yield bounced back up from 1% and definitely should have exited them when it broke through 1.2%, but that fucking massive candle spike to 1.614% today got me shook as fuck and I finally sold out of everything and went 100% cash going into the weekend. I either sold the bottom, or if we see the 10 year yield bounce off the 1.4-1.5% range again and start trending upward or start spiking like fucking crazy like that 1.6% spike, I sold out right before most of my holdings fall off an absolute fucking cliff.

im normally a never panic sell and buy the dip guy but when I saw that spike to 1.6% i freaked the fuck out real fast. if we see the ten year yield drop back below 1.4% i'm going to re-enter some of those positions cautiously and if we drop down below 1.2% again I'm going back to raging bull mode but from where I was looking at it looked like either I sell now and miss out on some gains on the recovery if it happens or I hold and risk taking a fucking massive loss (considering most of my positions are leveraged) maybe even blowing up my whole account if spikes like that keep happening.