Early Update – Oversold Bounce Follow Through

11:56 a.m. ET Sellers have backed away and CTa’s appear to be finished deleveraging instigated by their short-term price level being triggered a little over a week ago.  The oversold bounce that started yesterday has continued with follow-through this morning. Yields came down from +2 bp in pre-market with the 2-yr challenging 5.00% again (local…