Equities Short Covering Continues
Yield curves a bit flatter
SP500 is seeing decent buying and no doubt the overall CTA crowd is adding to longs here today as this chart from DBank shows CTAs are virtually unchanged on the equity exposure, but will have and will likely continue to dip toes as the market rises. DBank noted about $31B to buy out of this crowd in a large up day which we are seeing today:
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