It's July FOMC Day. Expect the Fedlines at 2:00 pm ET and a CGP presser at 2:30 ET. To kill the time between now and then, here's an open thread to discuss the possible outcomes.
Let's hope for the best and an extension of this great run that we're on. However, experience informs us to also plan for the worst so, as of 9:35 ET, here are your key levels to watch if things happen to go poorly.
- Aug20 CDG: $1943 -1 Watch the early Wednesday lows of $1900
- Sep20 CDS: $24.18 -12¢ Watch the early Wednesday lows near $22.50
- 10-yr note: UNCH 0.582% Will...