Good morning … First a chart from yesterday’s CPI which caught MY eye, ZH has somewhat more on the “WTF!” below but hey … how for now, hey … how about that 10yr auction? Solid Buyside Demand For 10Y Auction Despite Modest Tail Want 30s? Momentum (stochastics / bottom panel) remain a BEARISH (ie higher yield)input so perhaps a concession needed although, one has been offered over past several sessions.
Great work keep it up