Investors Await China's Impact on Treasury Yields

Larry Schober discusses the limited impact of payroll numbers on the market, highlighting the influence of China's market closure and offshore RMB rates. He suggests a bull flattening trade, particularly in the 2:10 spread, due to recent yield increases. The conversation also covers short-term tactical plays and psychological levels in trading.

What was the impact of the payroll number according to Larry Schober?

How has the offshore RMB been performing in relation to the onshore RMB?

What does Larry Schober suggest about the current market conditions?

What psychological level does Larry refer to in the context of market trading?

What is the significance of the 2:10 spread mentioned by Larry Schober?