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Post-FOMC: Hawkish Hold React

US TSY FUTURES

Treasury futures reverse support after the FOMC keeps rates on hold but telegraphs two more hikes later in year. Front month 10Y futures -3 at 112-18.5, yield climbs to 3.8368 high. Curves flatten with short end under heavy sell pressure, 2s10 falls to -94.351 low, deepest inversion since March 10 -- deepest inversion since the early 80's.

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