[MARKET ANALYSIS] Muted trade in fixed income as markets await US CPI and PPI later in the week
The muted trade in fixed income markets reflects investor indecision ahead of key US inflation data, namely the CPI and PPI, coming later in the week.
US President Trump is to meet with US Secretary of State Rubio at 15:30GMT/10:30EST
State Department Spokesperson says US Secretary of State Rubio spoke with Mexican Foreign Secretary de la Fuente today about the need for stronger cooperation against narcoterrorists and trafficking of fentanyl and weapons
[MARKET ANALYSIS] Muted trade in fixed income as markets await US CPI and PPI later in the week
[MARKET ANALYSIS] DXY under pressure to start the week following renewed worries of Fed independence
[MARKET UPDATE] USD/JPY rebounds from its session low of 157.52 after falling from a session high of 158.21; currently trading U/C at 157.93
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- UST Futures trades rangebound in a 112'05-112'11 band as the Asia-Pac session gets underway. Earlier upside was seen following the announcement of the subpoena against Fed Chair Powell, rising from trough to peak over the space of 45 minutes, before paring back the entirety of earlier gains and currently trading flat.
- Bund Futures follows its US counterpart, rising from the open at 127.91 to a peak of 128.02, before falling back lower. Not much on the docket today in the European session, but markets will be waiting for US CPI and PPI.
Given the importance of these indicators for the Federal Reserve's policy outlook, any surprises could significantly impact market sentiment and yield curves. As such, traders are likely to remain cautious, keeping an eye on the range-bound action in UST and Bund futures as they await further direction.
Related headlines
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Newsquawk Preview: US CPI due Friday 11th September at 13:30BST/08:30EDT2 days ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20262 days ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open2 days ago
- JPMorgan revises Fed forecast and now sees hikes in September and December1 day ago
- [MARKET UPDATE] Action seen after US CPI has reversed, with XAU above pre-data levels, USD under pressure while fixed income and equity futures have entirely reversed the move and are extending to the upside2 days ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC1 day ago
- US President Trump reiterates USD 5k payment to all US adults will happen 1 day ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran2 days ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources2 days ago
- Germany is developing a pharmaceutical pricing proposal for the Trump administration in an effort to avert potential US tariffs on German goods, reports Politico citing sources2 days ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
The whole workspace, free to try.
Try it free