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3/6 Insurance spreads at 12m tights across the capital stack 📉🎯
RT1: 274bp (12m low: 270bp)
T2 Dated: 123bp (low: 122bp)
T3: 100bp (low: 89bp)
Senior: 67bp (low: 61bp)
Blackout period approaching = spread bias likely inward from here.
(See Figure 7)
#InsuranceSpreads #Technicals

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