“Inside Day” Placeholder Ahead of Wednesday’s Main Event

The AM commentary revisited and reiterated the consolidation range that’s been intact for more than a month.  As far back as 2.5 weeks ago (after the last jobs report) it became increasingly clear that the bond market stood its greatest chance of breaking out of the consolidation range after the September 22nd Fed announcement.  The direction, magnitude, and sustainability of that breakout remains to be…