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The Data Disconnect, “The Proxy Fight is Over,” and “MIFTs” 2/9/23

The Exchange

00:00

The Inverted Yield Curve Is Not Signaling Recession

Rick Santelli covers bonds for a living list. Rick, how'd it go over? It went exactly the opposite of yesterday's tenure. Pretty much every metric was weaker than 10 auction average. One that really stuck out other than direct bidders were just shy of 16%. That was the highest take by dealers since April of last year.

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