[MARKET ANALYSIS] T-note futures are uneventful following the US holiday closure, while JGBs climb despite a looming 5yr auction

T-note futures are flat as traders digest the market post-holiday, with attention turning to upcoming economic data and Fed commentary.

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

Activist investor Elliott Management builds stake of over 10% in Norwegian Cruise Line (NCLH), plans to push for changes to turn around struggling operator, according to WSJ

[MARKET UPDATE] US equity futures extended on declines over the last few minutes with no obvious news drivers, with Emini S&P down 0.3% and Emini Nasdaq 100 down 0.6%

[MARKET ANALYSIS] T-note futures are uneventful following the US holiday closure, while JGBs climb despite a looming 5yr auction

[MARKET ANALYSIS] Oil futures are steady overnight ahead of US-Iran talks and US-Ukraine-Russia trilateral negotiations in Geneva

[MARKET UPDATE] Further downside in precious metals with spot silver now down 2.5% and with spot gold lower by 1.1%

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: +2 ticks

  • Price action is uneventful following the holiday closure on Monday for Washington's Birthday, while participants look ahead to data and Fed speak.

Bunds: -3 ticks

  • Struggles for direction after the prior day's choppy mood and as German ZEW data and issuances loom.

JGBs: +30 ticks

  • Climbed higher amid the negative risk sentiment in Japan and with futures unfazed by the approaching 5yr JGB auction.
Context

In contrast, JGBs have risen despite an approaching 5-year auction, showing resilience amid negative sentiment in Japan. This divergence suggests differing risk appetites and could signal shifts in demand dynamics ahead of key policy indicators.

Related headlines

The whole workspace, free to try.

Try it free