[MARKET ANALYSIS] T-note futures remain afloat after climbing amid ceasefire extension hopes

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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[MARKET ANALYSIS] Asia-Pac stocks head into month-end mostly on the front foot after reports of a tentative agreement for a US-Iran ceasefire extension

[MARKET ANALYSIS] DXY is flat and gets some respite after weakening yesterday amid ceasefire extension hopes and a slew of data

[MARKET ANALYSIS] T-note futures remain afloat after climbing amid ceasefire extension hopes

Japanese Finance Minister Katayama says we'll consider cost risk balance in reference to issuing bonds and to engage in dialogue with market on bond management, while she declines comment on future bond maturities at this time

White House Deputy Chief of Staff for Policy Stephen Miller stating in an interview with Fox News that US President Trump is directly involved in negotiations with Iran

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USTs: +3 ticks

  • Marginally extended on gains after yields declined in tandem with a retreat in oil prices on reports of a tentative agreement regarding a 60-day MoU to extend the US-Iran ceasefire.

Bunds: +11 ticks

  • Remained afloat following the prior day's rebound but with further upside capped ahead of German data releases, including Import Prices, State & Nationwide CPI figures and the Unemployment Rate.

JGBs: +39 ticks

  • Conformed to the upward momentum in global peers and rose above the 129.00 level, with upside facilitated by lower oil prices and softer-than-expected Tokyo CPI data, while participants now await a 2yr JGB auction.

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