US 10Y T-Note

Whats is the next target for treasury market?

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After hitting the 2% mark on the 10 year treasury yields, bonds market momentum has wand in for now. Currently we are oscillating between the 126 handle and 127.05 handle. As of now, the market is looking for directional bias, which could come from FED news or Russia/Ukraine tension escalation or de-escalation.

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