Bloomberg estimates US Treasury duration extension of 0.1yrs for 1st June

Iranian President Pezeshkian, speaking with Qatar's Emir and Egypt's President, said Iran is ready for a framework to end regional war and has demonstrated commitment to dialogue, according to Fars

European Closes: Euro Stoxx 50 -1.21% at 6,063, Dax 40 -0.84% at 25,180, FTSE 100 +0.26% at 10,493, CAC 40 -1.03% at 8,173, FTSE MIB -0.60% at 49,922, IBEX 35 -0.47% at 18,300, PSI -0.31% at 9,196, SMI +0.22% at 13,533, AEX -1.05% at 1,042

Bloomberg estimates US Treasury duration extension of 0.1yrs for 1st June

A US official denied that the US had resumed escorting ships and renewed “Operation Freedom” in the Strait of Hormuz, contrary to a WSJ report, i24NEWS reports

Wall Street banks are lobbying the Federal Reserve to formalise its supervisory pullback to prevent reversal by future administrations, Reuters reports