The Day Ahead: AM Edition 2021-11-11
Euro heavy today
Bonds
The cash bond market is closed for Veterans Day and thus not shocking the ZB is trapped between 162^11 and 161^16. As I mentioned yesterday, the question at hand in ZB is if the overall pattern for iv is a 3-3-5, which implies another high for ‘(V) of [C] of iv,’ or 3-3-3 that would have the wave iv set with ‘y’ being complete at high on Tuesday. I…
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