Bonds
ZB is in a holding pattern just under the prior low of the year at 130^14. Fair to expect ZB to be trapped between 129^23 and 130^27 till after the FOMC statement and later press conference. I don’t think you count on lower at this point though it is possible. Over 130^27 invites further bounce and perhaps more. Under 129^23 could result in a fresh…
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