TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 12 TICKS HIGHER AT 111-07+
The T-note futures settling higher suggests a reaction to market dynamics, possibly driven by investor sentiment ahead of upcoming data or geopolitical events.
Bahrain stresses necessity of lasting solution to ensure Iran does not possess a nuclear weapon and halt development and proliferation of ballistic missiles and drones
Rep. Ritchie Torres calls for probe into futures trades placed ahead March pause on Iran hostilities, via CNBC
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 12 TICKS HIGHER AT 111-07+
Israel Police says beginning April 9th, holy sites in Jerusalem will reopen to visitors and worshippers
Strait of Hormuz completely blocked; oil tankers turned back, via Fars News
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This upward movement in bond prices typically indicates a flight to safety, potentially influencing the yield curve and reflecting the market's expectations around inflation and Fed policy.
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