As there's nice bids on screen mid 5's sitting there for a...

As there's nice bids on screen mid 5's sitting there for a prolonged period, it appears the sell side supply is drying up, fingers crossed.

Given we're in a long term downtrend, the volume slowing up is positive and hopefully signals a reversal of trend in the not too distant future. That would coincide with catalysts we suspect ahead... All going smoothly I expect October / November to be exciting for CDX with maiden Pulse sales, as a long term follower / holder I'm ready to be disappointed with delays, however, but not too far away now.