• Treasury futures take another leg lower/off post-FOMC highs as Chairman Powell answers reporter questions following his prepared statement.
  • Tsy futures dipped as questions turned to Summary of Economic Projections and opinion over projected cuts in 2025, says the Fed is waiting "to see how things are in December. We're on a path toward a more neutral stance. That has not changed at all since September."
  • Dec'24 Treasury 10Y futures slipped to 109-29.5 briefly but has rebounded to 110-03.5 (+18). Curves mixed with 2s10s -5.110 at 11.451 while 5s30s +1.180 at 34.832.

US TSY FUTURES: US TSYS: Pared Gains Briefly As Fed Chairman Presser Continues

Last updated at:Nov-07 19:51By: Bill Sokolis
US Treasuries+ 1
  • Treasury futures take another leg lower/off post-FOMC highs as Chairman Powell answers reporter questions following his prepared statement.
  • Tsy futures dipped as questions turned to Summary of Economic Projections and opinion over projected cuts in 2025, says the Fed is waiting "to see how things are in December. We're on a path toward a more neutral stance. That has not changed at all since September."
  • Dec'24 Treasury 10Y futures slipped to 109-29.5 briefly but has rebounded to 110-03.5 (+18). Curves mixed with 2s10s -5.110 at 11.451 while 5s30s +1.180 at 34.832.