Powell Presser Update

3:13 p.m. ET It seems like the market isn’t quite buying the hawkish SEP. The Dollar is reversing. The 2-year yield is down -1bp, the 10-year down -2bp. The SP-500 holding $4,000, NASDAQ-100 holding its inverse H&S neckline. Dollar Index (1m) SP-500 (1m) Powell is still speaking, but it seems that the market is not…