Subject: The lesson I wish I got in "Trading US Treasuries" class: The lesson I wish I got in "Trading US Treasuries" class: $ stronger: lower inflation, less Fed, foreigners buy: buy 10s $ weaker: threat of inflation, central bankers buy: buy 10s Economy strong: curve flatteners, budget deficit down: buy 10s Economy weak: fed not in play: buy 10s Oil up: slows growth, less fed hikes: buy 10s Oil down: lower inflation, less fed hikes: buy 10s Commodities stronger: see "oil up" buy 10s Commodities weaker: see "oil down" buy 10s Stocks up: USTs more attractive on valuation: buy 10s Stocks down: flight to quality buy 10s Bunds up: buyers of fixed income in general buy 10s Bunds down: reversal of long bunds/short USTs buy 10s