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A home run by Michael Saunders broke up the no hit bid.
If it looks like it's going tighter, then everyone will be hitting bids.'
The market is not seeing desperate sellers hitting bids, which inspires confidence in the stabilisation,' a senior trader said.
Prices are not coming off and at the same time offers are not aggressively hitting bids.'
Traders will continue "to hit bids, to sell bonds, until the technicals turn around," Mr. Rosenberg said.
A week ago we argued whether one of this generations workhorses, CC Sabathia, would have completed his no hit bid when he was nearing 115 pitches.
A short seller can drive the share price down simply by rapidly hitting bids, thus creating fear among investors who may then sell at a loss, because of such selling pressure.
Chien-Ming Wang took a no- hit bid into the seventh inning, Robinson Cano homered twice off Curt Schilling and the Yankees beat Boston 5-0 Thursday for their third straight win over the Red Sox.
July 13 - In a rare event, Nolan Ryan of the California Angels and Steve Renko of the Boston Red Sox take separate no-hitters into the ninth inning before they both lose the no hit bids.