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Extending Lows Again, 10s Nearing Support

US TSYS
  • Renewed selling on generally modest overall volume/thin markets has futures extending session lows in the last few minutes.
  • Front month 10s hitting 114-14 (-7), yield marking 3.5699% high, are still well off midweek low of 113-30.5, initial support. Breach of initial support opens way for 113-23, 50.0% retracement of the Mar 3 - 24 bull run.


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