Germany sells EUR 3.735bln vs Exp. 5bln 2.90% 2031 Bobl: b/c 1.21x (prev. 1.56x), average yield 3.28% (prev. 3.09%), retention 25.3% (prev. 22.16%)
[MARKET ANALYSIS] Bearish start for fixed gave way to notable, but fleeting, energy/geopolitcally inspired strength
Former Iranian Vice President for Parliamentary Affairs says US President Trump has expressed readiness to meet and negotiate with Iranian President Pezeshkian, but argues Pezeshkian should not hold talks with Trump, Fars reports
Germany sells EUR 3.735bln vs Exp. 5bln 2.90% 2031 Bobl: b/c 1.21x (prev. 1.56x), average yield 3.28% (prev. 3.09%), retention 25.3% (prev. 22.16%)
[MARKET ANALYSIS] DXY reacts to reports that Iran could reopen Hormuz in seven days; JPY benefits on yield differentials
Microsoft (MSFT) is reportedly planning another round of Xbox layoffs, as part of a larger restructuring, The Verge reports citing sources
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