Live from the pit

I signed up for a free trial to Bondsquawk.com over the weekend and this is my first day using it. What a valuable service! It's like being in the Bond trading pit yourself (includes 10-year and 5-year Notes too). You can hear when big players are making their move, when the markets are just about to take off on a trend (traders yelling in the background), and when the volume is thin. They've confirmed what I've noticed over the last week and a half: the volume in the bond pit dries up after 7:30 Pacific, or 9:30 Chicago time. They've been saying it's light for the last 2.5 hours.

Too bad the price is a little too steep. But you have a chance to test their service. They have a 3-day free trial. Check it out!