Inflation ran hot this week, CPI warm and PPI hotter, and yet 30-year bond futures finally stopped falling. This Five Minute Futures, sponsored by CME Group, revisits the ZB bounce trade: the earlier long call spreads have rallied toward their target, but instead of piling more into the short-dated position, the new exposure goes further out in time to leave room for a pullback. The tell is the link between semis and yields: falling chip stocks have moved hand in hand with falling yields. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Adjusting a long bond position 00:52 Why call spreads, not a put spread 01:29 Semis down, yields down 02:08 Adding exposure further out in time 02:45 Stopped at the 50-day moving average 03:38 Hot CPI, hotter PPI, bonds held 04:11 A new bond bull market, not yet 04:48 The plan for managing it 05:21 The signal this week #tastylive #fiveminutefutures #bondfutures #treasuries #cpi #inflation #futuresoptions #callspread #bonds #cmegroup tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.