[MARKET ANALYSIS] T-note futures are little changed after bull steepening yesterday as oil declined

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Israeli forces struck a tent shelter in Khan Younis, which killed one person

Oman suspends crude oil loading at Mina Al-Fahal terminal following an explosion, according to sources

[MARKET ANALYSIS] T-note futures are little changed after bull steepening yesterday as oil declined

Chinese President Xi Jinping is to visit North Korea on June 8th-9th and will meet with North Korean leader Kim during the state visit, according to Xinhua

Ukrainian forces are reportedly utilising high-definition, near real-time commercial satellite imagery to identify and strike Russian military assets, according to WSJ

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USTs: +1 tick

  • Trades little changed after bull steepening yesterday as falling crude prices eased inflation concerns and reduced Fed rate hike pricing, while participants await the key US jobs data.

Bunds: -1 tick

  • Lacks direction following recent indecision and the absence of any significant pertinent catalysts.

JGBs: +15 ticks

  • Remains afloat after the prior day's decline in oil prices, but with the upside in JGBs capped as participants also digested several data releases in which Labour Cash Earnings and Household Spending topped forecasts.

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