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I would guess.... maybe in the third Quarter or later. Without an increase in the jobs # it would be unlikely they'd raise rates.
Ok...if rates going higher in 3rd quarter, stay on the sidelines waiting for TBT to go lower?How much lower: <40?The up/down higher/lower TBT is perceived anticipated rates? Last week T bonds had a good runup, while TBT took a beating!The odds of 2 consecutive weeks TBT goes lower? Can happen, but unlikely.