[MARKET ANALYSIS] T-notes rise as crude dips on Iranian ceasefire efforts
The rise in T-notes, coinciding with a dip in crude prices, reflects a market response to ongoing geopolitical developments, particularly Iran's ceasefire efforts.
[MARKET ANALYSIS] Crude choppy on geopolitics with losses this morning amid ceasefire efforts
Kazakh oil exports are not affected by the incident in Novorossiysk, IFX reports
[MARKET ANALYSIS] T-notes rise as crude dips on Iranian ceasefire efforts
[MARKET ANALYSIS] DXY dips as crude eases on war-ending efforts; traders eye Trump comments later
[MARKET ANALYSIS] US equity futures tick higher on efforts to end the Iranian war, ISM Services and Trump comments due later
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.
- USTs trades in a tight 110.20-110.26 range, in a session in which its European peers are closed for Easter Monday. Slight upticks were seen amid the downside in crude prices, which also resulted in DXY weakness, but it remains contained. On the data front, ISM Services PMI is expected later, with the headline figure expected at 55 from 56.1 prior. US President Trump is also expected to hold a press conference at 18:00 BST/13:00 EDT.
This likely indicates a cautious optimism, leading to a flight to safer assets like USTs while impacting the DXY. Traders should keep an eye on the ISM Services PMI expected later, as any miss could further drive T-note demand.
Related headlines
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent3 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal3 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened3 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement3 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes5 hours ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl3 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes5 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest5 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture54 min ago
- Japanese PM Takaichi says Japan will strengthen and diversify energy supplies, including oil, while boosting cooperation on critical minerals and supply-chain resilience with the US, Australia and other partners4 hours ago
- Analog Devices (ADI) and Alif Semiconductor today announced a definitive agreement under which ADI will acquire Alif in an all-cash transaction for USD 1.35bln33 min ago
- Alcoa (AA) files to sell USD 2.6bln senior unsecured notes due 2034 and 2036 with the funds to finance the South32 deal22 min ago
- There are signs the US is working to devise some means of striking Iran's nuclear sites, CNN reports47 min ago
- Iran launched a drone at a tanker near Iraq, and at a tanker near the Emirates, reports i24's Stein1 hour ago
- IRGC official warns that further US aggression against Iran could trigger more unprecedented Iranian responses, IRNA reports1 hour ago
- Iran’s Foreign Ministry condemns US attacks on Iranian vessels and says Tehran’s strikes on US military bases and interception of American vessels constitute legitimate self-defence under international law2 hours ago
- Two port officials say a Panama-flagged tanker carrying 2mln barrels of Iraqi fuel oil was hit by a drone in Iraqi territorial waters; tanker is named "New Andros", and no casualties were reported2 hours ago
- The Vienna meeting calls on Iran to engage seriously without conditions in confidence-building talks, Al Jazeera reports citing a US-European draft resolution2 hours ago
- Iranian media notes of controlled explosions scheduled in the south of Isfahan, Iran, until 14:00 local time (11:30 BST)5 hours ago
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%5 hours ago
The whole workspace, free to try.
Try it free