Great chart, great advice.
My only counter is that TPTB will most likely, net, run this higher until election time. Common sense be damned.
“The market can remain irrational longer than you can remain liquid.”
OTOH, perhaps TPTB will run the market down, and let Trump win. Then, during his term, they will create/allow a super-crisis (biowarfare, connectivity disaster, terrorism, drug pandemic/disaster, etc) to disgrace and destroy, once and for all, the nationalist/populist movement in America. Don’t put something like this past them. They will work in ways you do not expect, as they always have.
There is a power working against the rates.
The new AI adjustments may be a hedge.
My thinking is the market protects Biden to October.
I think that is what you started this thread for, to figure out what people are thinking.
—> My only counter is that TPTB will most likely, net, run this higher until election time.
Ergo, use stops and let it run