Under Pressure

I love it when a plan comes together.  From Pins and Needles on Feb 4…

And, from this morning…This fits in nicely with our economic model and is helping to drive rates toward our next downside target.Futures jumped 40 points on the Feb 28 announcement of 2.6% Q4 GDP.  Do you suppose they’ll shed 40 points on today’s downward revision to 2.2%?

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