May 22, 2024 18:03 GMT
May 1 FOMC Minutes React
US TSYS
- Treasury futures recede slightly following the release of May 1 FOMC minutes, some pressure tied to willingness of voting members willingness to tighten if necessary.
- Treasury futures still off early session lows: Jun'24 10Y futures currently -5.5 at 109-02 vs. 108-28.5 low (just through 108-29 technical support: 20-day EMA). Curves flatter, near lows, 2s10s -3.120 at -44.988.
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