Per multiple conversations the bond activity that took place on March 6th was the 1 thing needed for the process to proceed. Those bond rates of $3.71 via CME facilitators & I.I.'s gives us the data needed. The larger bonds have followed and tranches have started moving fast in order from East to West. EM's positioned. Rates are now at the Tier 2 bank screens. Retracements are definitely reflecting the bond movements. No azimuth guidance or absolute altimeter is now even required at this time. If all goes as planned this will be a week to REMEMBER!!!
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