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Tsy Extend Highs, Chicago Fed Evans: Inflation Not As Strong

Support for Tsys picks up last few minutes, Bonds making session highs (30YY slips to 1.9225% low) as Chicago Fed Pres headlines make the rounds:
  • "The upside potential for inflation isn't quite as strong and sustainable as I would like," Bbg
  • "I think the delay in my liftoff for the funds rate helps there" Bbg
  • "I don't think you can get 2.5% to 3% year after year on the basis of these relative price increases" Bbg
Intermediates lagging slightly, 10Y futures climbing back to first resistance of 133-26.5 to 133-25 at the moment, +10.5/32

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