[via PDK] I did hear lots of reports from groups and bankers that rates were “populating” today…and all throughout the day. Very encouraging, but does it mean anything more than a test…that is the question… We have seen everything from $1.70 or so for much of the day…then we saw around $3.22 …but rates have been all over the board. $3.22 would make sense for a RI (Re-instatement) and one of the easiest things for them to do imo.
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