Disclosure: I am currently long BBN, short TLT and short Dec '11 CME Ultra T-Bond contracts for myself and my clients.
Please remember, this is not a recommendation to buy or sell any securities. The information presented here is believed to be accurate as of the time of this writing but, hey, everyone fucks up, even me. This post is simply meant to be an illustration of one of the strategies I use in client accounts.
|XBBNX = BBN Net-asset value.
|X axis daily TLT change, Y axis BBN NAV change