[MARKET ANALYSIS] T-note futures remain afloat after climbing alongside optimism around a potential end to the Middle East conflict

USTs: +4.5 ticks

• Remained afloat after ascending to north of the 111.00 level as yields softened across the curve on optimism around a potential end to the Middle East conflict.

Bunds: +45 ticks

• Extended on its recent rebound and eyes a retest of resistance around the 126.00 level, while several EU data releases and a EUR 4bln Bund auction are scheduled later today.

JGBs: +29 ticks

• Tracked the gains in global peers, but with further upside capped after the BoJ lowered its planned monthly purchases for the new quarter and with the BoJ Tankan survey mostly topping expectations.