Australia sells AUD 700mln 1.25% May 2032 bonds b/c 5.61, avg yield 4.5209%

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US President Trump told Axios that he struck Iran deal to avoid a global recession, and that if oil does not enter the market for months, it could trigger a global recession, according to Mehr News

No immediate challenge is expected from Burnham against UK PM Starmer, if Burnham wins the Makerfield by-election, Sky's Coates reports citing sources; expectation is for Burnham in Parliament on Monday, and then a call between Burnham and Starmer

Australia sells AUD 700mln 1.25% May 2032 bonds b/c 5.61, avg yield 4.5209%

US VP Vance is no longer travelling to Switzerland, according to reports.

EU leaders are to resume budget talks on Saturday with the EU budget fight set to intensify at the council summit, according to POLITICO

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