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Real Rates aren’t gonna be this low forever...Break Evens Lead with Copper. #Reflation
10 yr tsy bonds to moon trade. Crowded like 10 year Tsy Bonds to Zero crowd back in Fall ‘18..Scary Charts back then now it’s Scary Charts to Zero Yields. Truth probably somewhere in middle. CFTC Spec 10 Yr Govt. Bond Longs now ripping to +31K.. vs -756K Short in Fall 18.
#DV01
#DV01
