Boring, Flat Friday Leaves Focus Where it Should Be

It's hard to overstate just how much potential the upcoming week has in terms of its ability to reiterate a supportive ceiling for rates or even to catalyze the next big move.  Either way, the consolidation range that was defined on a single trading day this past Monday ended up remaining almost perfectly intact for the entire week as if to confirm that the focus is indeed on the coming week--exactly where it should be