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Fed Chairman Powell Speaks: Treasury Back To Opening Levels

US TSYS
  • Well off the post-FOMC knee jerk highs, Treasury futures are maintaining moderate gains near opening levels (TYM3 at 115-27 vs. 116-09.5 high) as Chairman Powell reads the COMC statement.
  • Stocks, meanwhile, have reversed gains - trading near middle of session range: DJIA down 70.46 points (-0.21%) at 33618.94; S&P E-Mini Future down 2.5 points (-0.06%) at 4138.5; Nasdaq up 37.5 points (0.3%) at 12122.78.

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