Unmasking the truth regarding Ledger Recover.
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Hint: it's not this quarter's number...
Hereโs how he sees things...
MRMI slides to -0.87 as bond yields crush financial conditions.
But nothing is locked in just yet...
Spicy Take Sunday ๐ถ๏ธ
PLUS: The last time the Fed cut rates, the 10Y went the wrong way.
