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10/5/2023
The congressional push to create $650 billion (Axios)
$650 billion in Special Drawing Rights (SDRs)
Long Bonds’ Historic 46% Meltdown Rivals Burst of Dot-Com Bubble (Bloomberg)
Duration exposure fuels painful losses
Mortgage demand drops to the lowest level since 1996, as interest rates head toward 8% (CNBC)
Refis are down too..
