Quote from Lance Carson:
Probably right, the rumors in the Bond Pit are already lowering the bar below the consensus Payrolls data, so that they can sell on any number above the artificial low expectations ( very clever manipulation)- and with the refunding approaching, the dealers will start to enter steepeners after the Payroll Report in order to underwrite next week's supply-your scenario will play out, imho
For the 10Y auction they are listening you!
