Alex Etra
@EtraAlex
Senior Macro Strategist & Head of Flows of Funds @vandaresearch Views my own.
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@MayankSeksaria @TheStalwart @arpitrage @DKThomp ...but the effect stops growing above roughly $10bn; it does rise with maturity (the 2-year moves only about a third as much, so it is term premium and steepens the curve), and it does not reverse over the following ten sessions.
Also UST added about 2.8x
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