If the credit impulse matters as much as it has done in prior cycles, then we haven’t even seen the beginning of the bond rally.
If the credit impulse matters as much as it has done in prior cycles, then we haven't even seen the beginning of the bond rally. Weekly out -> https://t.co/aGNCuVP4dg pic.twitter.com/nuL55zYtci — Andreas Steno Larsen (@AndreasSteno) July 25, 2021 Just to put things into perspective: S&P trades at ATH: 179 trading days have passed since the … Read more