Originally Posted by
TFAYD
it’s both - sure I’d prefer good lines over crappy lines etc.
But there is no way that would voluntarily bid into something that puts me on reserve - full stop. Reserve rules and dynamics would have to change by orders of magnitude for me to consider that and I doubt we will see more than marginal improvements.
I doubt we will either because I don’t think the improvements will affect enough people’s choice. The only gross shortage is on the NB side and if you could bid a NB CA line now, improving reserve isn’t part of that decision. I guess we’ll see… maybe.