Even if the terminal rate is at 5.5% which is what you are insinuating is a stretch at this point but even if it is - closer to a terminal than far away from it. Rest of week is for sheeple to follow through imo. Market doesn't move in straight lines - we have NFP this Friday and CPI next Thursday and Biden giving a speech next Friday.
Even if the terminal rate is at 5.5% which is what you are...
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