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Updated Post-FOMC React, Bonds Bounce

US TSY FUTURES

Bonds bouncing off lows in the lead-up to Fed chair Powell's presser, yield curves holding inverted lows (2s10s -11.222 at -51.776) as 2YY holds above 4.0% at 4.0890% +.1226 (4.1168% high).
Cross asset snapshot: Stocks, crude and gold weaker, US$ index new highs:

  • DJIA down 217.75 points (-0.71%) at 30484.38
  • S&P E-Mini Future down 27.5 points (-0.71%) at 3845
  • Nasdaq down 89.3 points (-0.8%) at 11332.84
  • EURUSD down 0.013 (-1.3%) at 0.9841
  • USDJPY up 0.66 (0.46%) at 144.42
  • Gold is down $1.24 (-0.07%) at $1663.41
  • WTI -0.82 at 83.12

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