TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 1 TICK LOWER AT 112-30
The T-note futures settling slightly lower indicates modest selling pressure in the bond market.
Newsquawk US Market Wrap: Stocks bid as SCOTUS strikes down Trump IEEPA tariffs
Fed's Musalem (2028 voter) says Warsh is a very good pick for the Fed chair; if new Trump tariffs are one-for-one, it would not change the outlook, according to Fox Business interview
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 1 TICK LOWER AT 112-30
US FX WRAP: Dollar initially weighed on by SCOTUS tariff ruling as AUD and GBP outperform
Microsft (MSFT) appoints Asha Sharma as its gaming CEO, Bloomberg reports
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This could reflect market sentiment towards recent economic indicators or central bank discussions, suggesting participants are positioning themselves ahead of potential shifts in monetary policy or economic data releases. Monitor how this affects yields and overall risk sentiment in equities and other asset classes.
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