[MARKET ANALYSIS] Treasury futures are contained amid rising oil prices and incoming supply

Treasury futures are showing limited movement, reacting to rising oil prices and geopolitical uncertainty, which suggests that traders are exercising caution amid these pressures.

Newsquawk StaffPublished On the live feed at 2 more headlines followed before this page went public
Newsquawk headlinesUTC

Apple's (AAPL) foldable iPhone reportedly hit engineering snags, and shipment delays are possible, according to sources cited by Nikkei

South Korea policy chief Kim says the chip industry secures four month's worth of helium and it is premature to discuss a second extra budget

[MARKET ANALYSIS] Treasury futures are contained amid rising oil prices and incoming supply

[MARKET ANALYSIS] Oil prices continued to edge higher as Trump's deadline on Iran looms

Chinese President Xi calls for new energy system as war on Iran rocks global economy and says China needs to accelerate planning and construction of a new energy system to ensure the country’s energy security

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.

Free. No signup, no card.

USTs: -2 ticks

  • Price action is choppy amid the geopolitical uncertainty and following the recent mixed ISM Services report, while price action is also contained ahead of supply.

Bunds: -16 ticks

  • Trades subdued following the four-day weekend and energy-related pressure, with demand not helped by upcoming Bund issuances totalling EUR 6.5bln scheduled for Tuesday-Wednesday.

JGBs: -6 ticks

  • Languishes beneath the 130.00 level amid higher oil prices and yields, while participants also await today's 30yr JGB auction.
Context

The subdued price action is compounded by upcoming supply, particularly in the Bund market, which may indicate a potential for further upward pressure on yields as participants adjust their expectations ahead of new issuance. Overall, the combination of energy-related influences and supply considerations is likely weighing on demand for bonds across various markets.

Related headlines

The whole workspace, free to try.

Try it free