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Choppy Reversal

Bonds still weaker, but well off post FOMC session lows -- 30Y back to midmorning levels as market continues to digest statement, transitory inflation, bond buying steady. Fed chair Powell conf at 1430ET.
  • Decent volumes, over 75,000 TYM1 since release, Vwap/high volume price 27k at 131-26.5, 131-29 last.

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