[MARKET UPDATE] T-notes extend to session highs as WTI continues to ease from its USD 113.97/bbl session high, currently holding above USD 100/bbl

The easing of WTI crude prices from their recent highs suggests a softening demand outlook, which is supporting T-note prices as yields potentially decline.

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[MARKET UPDATE] T-notes extend to session highs as WTI continues to ease from its USD 113.97/bbl session high, currently holding above USD 100/bbl

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Context

This development may indicate a shift in risk sentiment, prompting investors to favor safer assets. The performance of T-notes in this environment is likely influenced by expectations for inflation and economic growth moving forward.

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