A daily $10bn of unemotional buying

$10bn a day meets...

"CTAs have moved from massive sellers to net buyers globally and the Corporate bid continues to be robust. CTAs are projected to buy ~$5bn a day in the US over the next week. Couple that $5bn from CTAs with the roughly $5bn daily corporate bid, and you have ~$10bn of non-discretionary/unemotional demand during one of the most illiquid weeks of the year." (GS)