TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 7 TICKS HIGHER AT 111-27+
The settlement of T-note futures 7 ticks higher indicates a strengthening in the treasury market, likely driven by investor sentiment towards safe-haven assets amid ongoing economic and geopolitical concerns.
Russia’s top diplomat Lavrov rejects key part of deal to end war with Ukraine, WaPo reports; Lavrov dismisses security guarantees demanded by Ukraine for any deal, once again saying the current regime in Kyiv should end
Russia's Lavrov shoots down proposal for US-Ukraine security deal, Washington Post reports
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 7 TICKS HIGHER AT 111-27+
Grubhub to remove fees for all restaurant orders over USD 50
Iran's Foreign Ministry condemns "illegal and unjustified" designation of the revolutionary guards by EU in the strongest term
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This movement suggests a potential shift in demand for duration in response to evolving expectations regarding interest rates and inflation, warranting close attention to future Federal Reserve policy signals.
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