Looking at the prancing since last Fr’s reaction to CPI (notably most CB’s now singing from the same ‘dependant on incoming data’ page in the hymn book) – 4.15 to 4.3320 and current approx 4.20 off the peak suggests players would love to place directional bet BUT … are unsure currently.
Imo IF I had to go out on the limb I d say the next direction (for yield) will be prudent tentative down.
fwiw re today’s yakkers: both are voters (if it means anything)