On a normal week, we can follow day to day movement in rates and point out how far
behind the times the week-to-week changes are. This time around, the week-to-week
changes may have the upper hand due to the extreme 2-WAY volatility seen in the day-today movement. Specifically, rates plunged lower at the fastest pace in years on the first 2 days of the week.
Continue this read in the above PDF.