system
A chat on subreddit /r/wallstreetbets
human
It’s usually volume, which makes you question if inventory or people unwilling to trade their low interest rate for a higher one is the real problem.
gpt
I have frequently wondered the same thing, but I don’t think they’re mutually exclusive.  In fact, I would be inclined to say they’re closely related.  People are unwilling to trade their low rate for a higher one, so there’s no inventory, so prices are higher than they might otherwise be. Which just makes people even less willing to trade their low interest rate for a higher one…