Polar Sun

QuoteWatching Rates is watching everything, "Everything is a Rates Trade" isn't just a classic Wall St phrase, it's a moniker to help your mind leave useless narratives and fictional chart games and look into what an asset/liability really is, it's discounted cashflows.

Link: https://robertsresearch.substack.com/p/what-do-the-big-3-cme-rate-futures (https://robertsresearch.substack.com/p/what-do-the-big-3-cme-rate-futures)