[MARKET ANALYSIS] T-note futures take a breather after gaining post-CPI and with US cash markets closed on Monday for Washington's Birthday

The T-note futures are holding steady after last week's rally fueled by softer US inflation data, reflecting a cautious market given the closure of US cash markets for Washington's Birthday.

Newsquawk StaffPublished 16 Feb 2026, 02:55 UTCOn the live feed at 02:35 UTC, 20 minutes before this page

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03:26

[MARKET ANALYSIS] Asia-Pac stocks trade mixed amid mass light catalysts and mass holiday closures

03:00

[MARKET ANALYSIS] DXY is rangebound amid a lack of fresh catalysts and with US participants away on Monday

02:35

[MARKET ANALYSIS] T-note futures take a breather after gaining post-CPI and with US cash markets closed on Monday for Washington's Birthday

02:30

Thai GDP Growth Rate YoY (Q4) Y/Y 2.5% vs. Exp. 1% (Prev. 1.2%)

02:30

Thai GDP Growth Rate QoQ (Q4) Q/Q 1.90% vs. Exp. 0.3% (Prev. -0.60%, Rev. From -0.6%)

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USTs: +0.5 ticks

Trades little changed and holds on to last week's spoils after returning to above the 113.00 level in the aftermath of the softer US inflation data, while price action is restricted by the closure of US cash markets on Monday for Washington's Birthday.

Bunds: -14 ticks

Lacks demand in the absence of any major catalysts and with light newsflow from the bloc.

JGBs: +9 ticks

Trades marginally higher following disappointing preliminary GDP data for Q4, but with gains limited after failing to sustain a brief reclaim of the 132.00 level.

Context

This stability suggests that traders are awaiting further catalysts to drive sentiment, while recent data might have implications for Fed policy and interest rates moving forward.

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