dec 2 reuters  welcome to the home for realtime coverage of markets brought to you by reuters reporters you can share your thoughts with us at marketsresearchthomsonreuterscom as bond market volatility rises cash may no longer be trash 1000 et1500 gmt wild swings in us bond markets are making it more difficult to eke out profits with some trading strategies and may be increasing the allure of holding cash many large macro funds have been burned by large price swings in us treasuries as investors adjust for the prospect that the us federal reserve will raise rates sooner than previously expected repricing around this prospect has caught many investors offsides and created large daily jumps in shortdated yields and increasingly choppy trading in longerdated bonds and the yield curve “for the first time in a couple of years…cash has pretty good option value right now” said guy lebas chief fixedincome strategist at janney montgomery scott in philadelphia “given the degree of fundamental market volatility the massive positioning swings what appears to be reduced dealer willingness or ability to warehouse risk you get some surprisingly sharp moves that are not supported by changes in policy or changes in economic data and i want to be in a position to take advantage of that and that’s really where cash’s option value comes from” lebas added which way do we go 0843 et1343 gmt us equity index futures were mixed on thursday as equities continue to be volatile as a lack of clarity around the severity of the covid19 omicron variant dominates major averages on wall street suffered a late session meltdown on wednesday after the confirmation of the first case in the us and each closed below key technical support levels read more nasdaq futures were pointed to a lower open for the techladen index as apple inc aaplo shares were down more than 3 in premarket following a bloomberg report the company has told parts suppliers demand for its iphone 13 lineup has slowed read more but the priceweighted dow was looking at a higher open due in part to a boost from boeing ban which rose more than 5 before the opening bell after chinas aviation authority issued an airworthiness directive on the 737 max that will help pave the way for the models return to service in china after more than twoand12 years read more economic data showed weekly initial jobless claims rose less than expected while layoffs fell to their lowest since 1993 read more below is your premarket snapshot for thursdays live markets posts prior to 0830 est1330 gmt  click here read more