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Post-ECB Policy React

US TSY FUTURES

Treasuries show little reaction to expected ECB deposit rate cut, drawing brief two way flow as futures hold inside narrow overnight range. Dec'24 10Y seeing some buying at the moment as the contract climbs back to steady at 115-10.5. Initial technical resistance at 115-23.5 (High Sep 11) while support remains at 114-27.5/10 (Low Sep 10 / 20-day EMA).

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