10-Year T-Note futures moved higher to reach a one week high as the market prepared for the upcoming Fed meeting. Prices approached the 112'000 handle while participants adjusted positions ahead of the Wednesday policy announcement. A potential government shutdown and pressure on the U.S. dollar contributed to buying across the curve. The 10-Year yield drifted lower by 3 bps to 4.21% as the curve experienced a slight flattening. Investors remained focused on the Fed press conference for cues on future policy direction.
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