[MARKET ANALYSIS] Treasury futures retreat as upside in oil stokes inflationary pressure

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USTs: -5.5 ticks

  • Retreated to back beneath the USD 110.00 level with headwinds from the upside in oil prices.

Bunds: -37 ticks

  • Extended its pullback from last week's peak amid continued hawkish rhetoric from ECB officials, while participants await a slew of PMI data and German Retail Sales.

JGBs: -27 ticks

  • Conformed to the downside seen in global counterparts as oil prices stoke inflationary pressure, and with Japanese stocks extending on record levels.

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