What the hells happened to the CME/CBOT Treasury complex? I know it's FOMC day but cannot see them doing/saying anything market moving at all yet the activity has dried up altogether. Volumes very light,movement non-existent,has been for days now. Red June Euro$ is 355/360 5k up but the 1/2 tick above/below that is 30k x 33k,can't explain that at all. I am wondering if this is actually it. Banks scaling back trading,laying off plenty of staff,markets being finally killed of by the liquidity providing market makers.
I have also looked at this issue today, and agree its truly dogdirt. Fingers crossed things will change.