US10Y - Yield Volatility Amid Fed Policy Stance

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The 10-year Treasury yield fluctuated between 4.30% and 4.39% this week, closing at 4.382% on May 9.

The Federal Reserve maintained benchmark rates at 4.50%, dismissing pressure from the Trump administration for cuts. Chair Powell emphasised persistent inflationary risks and labor market stability, reinforcing a cautious "higher-for-longer" stance.

4.400% intermediate term buyside liquidity is a point of interest going forward.

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