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Tsys Spike Higher Post-FOMC Minutes, Equities Drop

US TSY FUTURES
Tsy futures surged higher post minutes (10YY fall to 1.2533% low; 30YY fall to 1.9026% Low) before unwinding most of the move -- back to near pre-release range as minutes reveal some divergence of need/timing of tapering purchases.
  • Note, equities are trading weaker now, ESU1 dropped to 4420.25 low before drawing dip buying.

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