[MARKET ANALYSIS] Treasuries remain subdued post-hawkish FOMC
Newsquawk Staff ·
USTs: -1 tick
- Attempted to nurse some losses after the recent bear flattening due to the hawkish FOMC and Warsh's first press conference as chair, where he refrained from hinting whether he is leaning towards a hike and affirmed that the committee will deliver price stability.
Bunds: -1 tick
- Retreated in the aftermath of the Fed but then returned to flat territory as oil prices continued to decline.
JGBs: -19 ticks
- Price action is choppy following the recent key central bank announcements and latest geopolitical updates.
- CRUDE WRAP: WTI (Z6) SETTLES USD 2.32 HIGHER AT 99.47/BBL; BRENT (Z6) SETTLES USD 4.35 HIGHER AT USD 113.17/BBL
- US President Trump called Musk and asked him to lift Ukraine Starlink (SPCX) restrictions, WSJ reports
- Ukraine President Zelensky says Ukraine is ready for peace talks at G20, but so far no such invitation
- An Israeli military official told Channel 12 that here is no reason to launch an attack on Iran before the elections; If we detect preparations in Iran for an attack, we will act
- US President Trump says "Iran is doing everything they can to drive up the price of Oil prior to the U.S. Midterm Election".
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