Germany sells EUR 3.844bln vs exp. EUR 5bln 2.50% 2031 Bobl: b/c 1.32x (prev. 1.04x), average yield 2.85% (prev. 2.74%), retention 23.12% (prev. 20.9%)

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The US SCOTUS declined to hear challenges from AstraZeneca (AZN LN), Boehringer Ingelheim, Bristol Myers Squibb (BMY), Janssen (JNJ), Novartis (NOVN SW) and Novo Nordisk (NOVOB DC) to Medicare drug price negotiations, Axios reports

Russian Deputy Foreign Minister Ryabkov says the risks of a direct Russia-NATO clash are increasing, TASS reports

Germany sells EUR 3.844bln vs exp. EUR 5bln 2.50% 2031 Bobl: b/c 1.32x (prev. 1.04x), average yield 2.85% (prev. 2.74%), retention 23.12% (prev. 20.9%)

Pakistan's Defence Minister says his gut feeling is that Iran's war is not going to start, ISNA reports

Angola reportedly to cut July crude exports to 889k bpd

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