Crucial 10-year note auction this week.
The Fed’s rate decision and FOMC statement will thus take center stage this week but the latest US CPI figures for the month of May will also be released along with the US 10-year and 30-year bond auctions.
The 200-day MA of 4.35% has held support and another Fed pause will allow yields to rise and re-test levels above 4.50%
The 200-day MA of 4.35% has held support and another Fed pause will allow yields to rise and re-test levels above 4.50%
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