Yep. Same old story. Now the SM goes up when the 10 yr rallies and rates dip a bit.
For the last few years the SM went up with rates
Conclusion: the SM goes up no matter what happens, pm’s go nowhere
Yep. Same old story. Now the SM goes up when the 10 yr rallies and rates dip a bit.
For the last few years the SM went up with rates
Conclusion: the SM goes up no matter what happens, pm’s go nowhere
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