Slash Macro Horizons, Slash Legal Disclosure

Yemean: It's just at this point it's too hard to put a target on front end swap spreads. But i do think, like you said, if you believe that the fed is not going to blink any time soon,. The impact of quantitative tightening is just going to continue to present narrowing pressure on swap spreads across the curve. So looking at to day's pop and spreads on the back of the bank of england, is an opportunity to sell.