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Extending Lows, Near Support on Fed Chair Powell Hawkish Tones

US TSY FUTURES

"Lack of further progress on inflation" comment from Fed Chair Powell jus now weighing on Tsy futures, TYM4 extends session low to 107-13.5, 10Y yield 4.6922%, nearing technical support of 107-07+ (76.4% of the Oct - Dec ‘23 bull leg (cont)).
Cross asset: stocks not caring much for the hawkish tones, S&P Eminis slip to 5078.75.

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