Dislikedi can not agree more. this is the situation for now. technically probably fundamentally too. but....
if fed cut 50basis points. this can explode to the upside for the rate differentials.
in the worst case, fed does not cut any rate. i am shorting this thing for about 2.0100.Ignored
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USD Est Non Mortuus
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USD Est Non Mortuus
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"i wake up in the morning, and i piss excellence"