NY Fed RRP op demand at USD 2.11bln (prev. 15.78bln) across 9 counterparties (prev. 12)

The drop in demand for the NY Fed's Reverse Repo Program (RRP) suggests a liquidity tightening, as participation has significantly fallen from previous levels.

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Footage captures explosions in a system affiliated with the Revolutionary Guard in Isfahan, Al Hadath reports

Broadcasting Authority says Israeli estimates rule out reaching an agreement between Tehran and Washington, Al Hadath reports

NY Fed RRP op demand at USD 2.11bln (prev. 15.78bln) across 9 counterparties (prev. 12)

Iranian Foreign Ministry says the Supreme Leader is in good health and may appear in public soon

Israeli official says talks between the US and Iran are "not progressing positively"; fears are growing in Israel that Trump will be satisfied with the operation's achievements and declare it over, Kann News reports

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This decrease may indicate a shift in market sentiment or available liquidity, impacting treasury yields and the broader fixed income landscape. Traders should watch for potential implications on interest rates and overall risk appetite as the Fed navigates its monetary policy framework.

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