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Growth and inflation keep surprising to the upside so I would lean bearish bonds. But I dont really see a great risk/reward setup either way here. January CPI/PPI tends to be an outlier in many years so I think many bond traders waiting for confirmation of a nascent inflation spike from next months print.

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Just joined. Where do you post your trades? I haven't used Substack before for trading. Thanks!

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author

Always on the substack chat. Make sure you have the app and notifications. Welcome!

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thank you

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Any perspective on long duration bonds after the data last week?

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