Germany sells EUR 3.824bln vs exp. EUR 5bln 2.50% 2031 Bobl: b/c 1.64x (prev. 1.32x), average yield 2.64% (prev. 2.85%), retention 23.5% (prev. 23.12%)
UK Treasury Minister Bell says they will be conducting a review into the pension liability transfer rule
Wells Fargo raises 2026 year-end target for S&P 500 to 7950
Germany sells EUR 3.824bln vs exp. EUR 5bln 2.50% 2031 Bobl: b/c 1.64x (prev. 1.32x), average yield 2.64% (prev. 2.85%), retention 23.5% (prev. 23.12%)
Kpler outlines that there are around 118 tankers with 75mln barrels of crude stranded in the Gulf, and they would begin moving as soon as the Strait of Hormuz reopens
US Senate Minority leader Schumer will ask for unanimous consent to pass legislation that would kill the USD 1.8bln “anti-weaponization” fund and President Trump's audit immunity, Punchbowl reports, citing sources
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