Trimmed my JBL position at R69 following the 4.55% pop, given that base metals remain vulnerable to yield c…by @francesca_fixed_income on $JBL

Trimmed my JBL position at R69 following the 4.55% pop, given that base metals remain vulnerable to yield curve inversion risks and the current risk-reward no longer justifies holding the full allocation when real rates are likely to remain elevated.