It has been a while since we've seen the net to premiums of CEF, GTU, and PHYS this closely bunched.
As always PSLV is off by itself in the stratosphere. But if the premium is generally high then it really does not matter overmuch, does it?
“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception