Question: A CD/$ bank trader is currently quoting a small figure bid-ask of 35-40, when the rest of the market is trading at CD 1.3436-CD 1.3441.

A CD/$ bank trader is currently quoting a small figure bid-ask of 35-40, when the rest of the market is trading at CD 1.3436-CD 1.3441. What is implied about the trader's beliefs by his prices?

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