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Posted On: 07/30/2019 8:33:51 AM
Post# of 40990
Anemic trading yesterday...which in our case, was a good thing. Just over 4M served...the incessant, daily bid whacking of the past month was suddenly curtailed, & there were plenty on the bid ripe for the whacking. To me, that's a sign that the note selling pressure that has mired us in the trips has ended...I hope. If the same pattern occurs today, then some buying confidence may come back & the 5s could get whittled down, if not taken out. Could be a telling day........?
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