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September FOMC Minutes React

US TSYS
  • Fast two-way trade as Treasuries bouncing slightly after the September FOMC Minutes showed while majority saw one more hike, some judged no further increases were warranted.
  • Still off early session highs, Dec'23 10Y futures (TYZ3) traded up to 107-28.5 has slipped back to 107-27, initial technical resistance for TYZ3 at 108-11, support well below at 106-12 (2.0% Lower Bollinger Band).

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