<ul><li>Highest yield of the cycle (beats Nov 2022 at 4.08%)</li><li>Bit to cover at 2.42 vs 2.43 prior</li></ul><p>The 1.4 basis point tail is not a good sig
Comments from the Fed's Quarles Quarles almost always talks about bank and regulatory issues and today is no different: That last comment rings true, but you wouldn't know it from markets.
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