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Make or break time for Treasuries as traders turn to the Fed for direction

If you only have one chart that you can watch in trying to make sense of the FOMC meeting decision later today, this would be my pick.Despite the Fed saying that they are in pause mode while looking to hold rates higher for longer, Treasury yields have been on the rise and even briefly hitting its highest levels since 2007 earlier this week in the case of 10-year yields.This arguably remains the most important spot to watch in trying to gauge how the Fed decision impacts broader market sentiment... Read More

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Posted: Sep 20 2023, 11:10

Author Name: forexlive

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