In the week that celebrates Veteran's day the title of this piece seemed an appropriate play on words.
We are once again drifting towards what I think may be the most important level on Fixed Income going into the end of 2024.
This is the support level on TY1 - the US 10-year note future at 109-01 to 109-025
A weekly close below, if seen, would suggest renewed losses towards 107-04 and possibly 105-10 again
