[MARKET ANALYSIS] T-note futures rebounded after declining yesterday amid corporate supply and a record Fed Funds block sale

The rebound in T-note futures, following their decline due to corporate supply and a substantial Fed Funds sale, suggests a reevaluation of risk following recent pressures.

Newsquawk StaffNewswiresPublished On the live feed at , 20 minutes before this page
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[MARKET ANALYSIS] T-note futures rebounded after declining yesterday amid corporate supply and a record Fed Funds block sale

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USTs: +2.5 ticks

  • Marginally rebounded after declining yesterday on corporate issuances and a record Fed Funds block sale, while the attention turns to several data releases, including a couple of labour market proxies heading into Friday's NFP report.

Bunds: +11 ticks

  • Holds on to the prior day's spoils following soft German inflation data but with further upside limited as EUR 6bln of Bund issuances loom.

JGBs: +13 ticks

  • Remained afloat but kept to within a narrow range in the absence of data releases from Japan.
Context

As traders shift focus to upcoming labor market data, which could influence the Fed's policy stance, this movement may indicate a temporary stabilization in sentiment, particularly in the context of global bond markets.

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