[MARKET ANALYSIS] Treasury futures remain pressured as oil rises stoke inflationary concerns

Treasury futures are under pressure due to rising oil prices, which are heightening inflationary concerns and impacting yields across the curve.

Newsquawk StaffPublished 12 Mar 2026, 03:04 UTCOn the live feed at 02:44 UTC — 1 more headline followed before this page went public

Newsquawk headlinesUTC

03:07

[MARKET ANALYSIS] DXY gains amid haven appeal and higher oil prices

03:01

BoK member Hwang says need to make rate decision with greater caution

02:44

[MARKET ANALYSIS] Treasury futures remain pressured as oil rises stoke inflationary concerns

02:37

[MARKET UPDATE] Oil prices continue to climb with Brent crude back above USD 100/bbl and WTI breaching USD 95/bbl as oil disruptions continue due to ongoing conflict, which has spurred further downside in equities

02:27

[MARKET ANALYSIS] Oil rallied despite IEA announcing a record emergency joint release, while the conflict causes further disruptions

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USTs: -7.5 ticks

Remained pressured after retreating yesterday as yields rose across the curve amid rising oil prices, likely dealer concession and with some hot leaning PCE components of the CPI report, while more US supply also looms.

Bunds: -33 ticks

Breached the 126.00 level after yesterday's one-way downward price action, as oil prices and geopolitics dominate markets.

JGBs: -24 ticks

Price action is subdued amid the oil-related inflation pressures, while there were comments from BoJ Governor Ueda, who noted that they need to be mindful that Forex has larger impacts on prices than in the past and could affect inflation expectations.

Context

The market's focus is shifting to potential dealer concessions and the implications of upcoming US supply, while Bunds are also reacting similarly amid geopolitical tensions. This dynamic suggests traders are bracing for stronger inflation readings, which could influence future monetary policy decisions.

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