
Nomura’s McElligott Talks Georgia, ‘Neon Swan’ Parallel
Early Wednesday, while documenting the initial reaction to a likely Democrat-controlled Senate follo

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Oh man… 3 years later and you’re still ragging on poor ol’ Seth Golden…
In the middle of a strange day, to put it mildly, that made me laugh out loud. Thank you.
sympathy with the early 2018 analog, but before it can become a credible reality we will need to see rate vol move higher. so far, 3m10y swaption vol is tame…in Jan’18 it rose (10vols) before equity markets cracked and equity vol exploded. i’d share the chart if i could, you can see USSN0C10 Curncy on bberg.