10-Year Note futures showed consolidation in a tight, "inside day" range after two days of selling pressure following the recent Federal Reserve meeting. The 10-Year Note futures price was near 112-2, holding the lower end of its weekly range. A lack of major data points was a factor in the muted price action. The focus is shifting to next week's scheduled Fed speakers who will discuss policy decisions, and upcoming ADP labor data. The 10-Year yield remained unchanged at 410 basis points, marking the top end of its recent range. The yield curve saw slight buying pressure on the short end, with the 2-Year yield down 1 basis point, but was largely unchanged across the long end.
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