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CBA Exits Cap Auction Biz (and is SMBC’s Cap Book Too Big to Fail?)

Last Week This Morning 10 Year Treasury climbed to 2.12% German bund up substantially to -0.21% Japan 10yr at -0.13% 2 Year Treasury finished the week flat at 1.85%, but swung wildly +/- 10bps along the way LIBOR at 2.33% and SOFR at 2.41% Market has a 100% probability of cut at month end, with […]

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