[MARKET ANALYSIS] T-note futures are lacklustre following recent global bond rout amid inflationary concerns

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[MARKET ANALYSIS] DXY remains afloat after gaining on higher global bond yields amid inflationary concerns and the geopolitical backdrop

Google (GOOG) announces a new national AI partnership with the Singapore government and will deepen AI investments in Singapore

[MARKET ANALYSIS] T-note futures are lacklustre following recent global bond rout amid inflationary concerns

EU lawmakers and member states reached a compromise early on Wednesday to implement a trade pact with the US, aiming to meet President Trump's July 4th deadline and avert threatened tariff hikes, according to AFP

PBoC injects CNY 50bln via 7-day reverse repos with rate maintained at 1.40%

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USTs: -2 ticks

  • T-note futures lack demand following the prior day's losses as yields climbed amid inflationary concerns, as the Middle East conflict drags on with no clear end in sight, despite President Trump recently postponing a planned strike on Iran and reiterating that the war will end very quickly and that Iran wants to make a deal badly.

Bunds: -8 ticks

  • Lingered near the prior day's trough after retreating alongside a global bond rout, while participants look ahead to German PPI data and Bund issuance.

JGBs: -2 ticks

  • Price action is subdued following the losses in global peers and amid a quiet overnight calendar, with the attention now turning to a looming 20yr JGB auction.

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