After the fall in the US bond market, I am placing another bet in the two-round lottery. Nobody wants US debt at 4.6%? Well, I’ll take some of it. The lottery will have an option premium of $132 if the TLT ETF is above 90 on the evening of June 21 (i.e. the race day 1). The current price is around 92. The probability of winning the first round is now 67%.

Other than that, I’ve been working on the website a bit, so check the results section. There you will find a new K1 winners table, an updated Budman table including the Jasoň-waiters and an absolute standings table without historical times (only since 2010).