Repositioning in the bond market before the Fed interest rate decision and Chair Jerome Powell's press conference contributes to the persistent weakness in US Treasury bond yields.
The Federal Reserve is anticipated to maintain unchanged interest rates following its two-day policy meeting on Wednesday.
Attention will be on Powell's post-meeting press conference for insights into the timing and pace of potential interest rate cuts.
IMMEDIATE SELLING RANGE FOR FOMC DATA CAN BE : 2075-2095
IMMEDIATE BUYING RANGE FOR FOMC DATA CAN BE : 2020-2000
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