the whole market is confused - there's the threat of a bond market crash - the threat of "zero risk" actually being "not zero" is becoming a concern... the Fed wants to exit some of its strategies and doesnt know what the outcomes of that will be... and if they dont know, how do they expect anyone else to know?... confidence is shot
On OBJ tho, its looking like a very slow day
hope it hold 4c into the 3M ann, but i'm sure that will be tested.
seems as though red DOW days do make better days on OBJ
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