Andy, do you still anticipate the front end rapidly moving higher? Did anything change this thesis for you? Thanks
AndyM
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@Invisibie, of course it will! Everything I wrote on that is valid, and all targets for FX, Treasuries and Stocks are intact. November will be the month, but it won't stop there. We'll hit 10% on 10Y still this year, but will continue to grind higher in early '24. Eventually we'll stop at 12-13% and will trend-change there.
Invisibie
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Can you explain why front end would spike like that?
AndyM
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@Invisibie, people seek protection at the short end, not yield. There will be more fear of losses, so - more volatility.