Alert to Lock

Another weak Bond Auction and the market is off -44bps… if you did not watch the video post Week in Preview 6-27 yesterday you might want to do that.  Lock em if you got em.  Traders should start to vacate desks on Thursday for the long weekend and couple this market moving ISM and Chicago PMI numbers we should be in for a whopper of a week.  Buckle up and hang on, and next don’t be surprised when the rates are .125% higher.

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