[MARKET ANALYSIS] T-note futures are subdued amid higher oil prices and closure of overnight cash treasuries trade

T-note futures are seeing some downward pressure due to rising oil prices, which typically heightens inflation concerns.

Newsquawk StaffPublished On the live feed at 1 more headline followed before this page went public
Newsquawk headlinesUTC

[MARKET ANALYSIS] DXY is flat amid quiet newsflow for the US outside of geopolitics and with the Fed in a blackout period

Moscow Mayor reports overnight drone incidents, while TASS estimates that the attempted drone attack on Moscow is one of the largest in several years

[MARKET ANALYSIS] T-note futures are subdued amid higher oil prices and closure of overnight cash treasuries trade

[MARKET ANALYSIS] Brent crude reclaimed USD 90/bbl after US and Iran ramped up exchange of strikes

US Central Command reports successful completion of ninth consecutive evening of strikes against Iran, targets include Iranian military command centres, air defence and coastal surveillance sites, maritime capabilities, missile and drone launch sites

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.

Free. No signup, no card.

USTs: -7.5 ticks

  • T-note futures are subdued as higher oil prices stoke inflationary pressures, and with cash treasuries trading shut overnight due to the holiday in Japan.

Bunds: - 40 ticks

  • Revisited last week's trough amid the rise in oil prices, while participants look to the ECB meeting later in the week, with the central bank expected to stand pat, but keep the option open for a hike in September.
Context

The closure of cash treasuries overnight adds to the subdued trading environment, reflecting less liquidity and potential caution from traders until more concrete signals emerge from upcoming central bank meetings.

Related headlines

The whole workspace, free to try.

Try it free