ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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LoveAG

To: ajtj99 who wrote (41322)	10/29/2021 10:28:28 AM
From: Lee Lichterman III	1 Recommendation Read Replies (2) of 97284

I don't understand why the financials are going up just because rates are going up. The spreads are actually narrowing. There was a tweet this morning showing the 5/10 at the narrowest since March of 2020 and it's tighter after the open last I checked. The 5 was up .05 and the 10 was up .02 I thought banks made money on the spread, not the level.

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