One Bank Says We’ve Been Placed In A ‘Correctional Facility’

Welcome to Friday, bitchez. Or at least that's what it feels like. Because here we are talking about the same "problems" we were late last week and by "problems" I mean inflation shocks and the potential for them to catalyze an upturn in rates vol. which then spills over and pisses in everyone's Cheerios (assuming rates vol. is a thing that can piss). Admittedly, this has been analyzed to death over the past 72 hours and it's not entirely clear whether, in the absence of new information, there