Does this make sense to anybody. The market is acting as if they are leveraged 40 to 1.
Obviously you don't understand leverage combined with borrowing short to buy long works.
It there something going on in the repo market today?
I do and this is over done
Everything over shoots up and down buy when others are afraid works great give it a few days first if you are worried and let the smoke clear we will see a reversion to the means