The Jan/Feb period had wild daily swings tho, so didn’t look at all in control and difficult to read. Mid Mar daily variations were down but average likely lower (as per you 50% reading). If the chart looks to have continued to stay in control and the yield has moved up a bit ... I’ll take this as good news. If it’s stayed in control and moved to 60% ... that’d be sensational news. However, a return to wild swings would be bad news no matter what the average looks like. Also, if they don’t publish a daily chart and go back to weekly ... I’d be concerned of what they’re covering up.
Who's ready for the average March Quarterly ?, page-5
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