TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 4+ TICKS HIGHER AT 111-07+
The settlement of T-note futures at 4+ ticks higher may suggest a modest bid in the treasury market, potentially reflecting a risk-off sentiment or reactions to recent economic data influences such as PPI releases.
US FX WRAP: Dollar reverses initial strength to end with losses as Antipodes outperform
IMF, World Bank and IEA leaders say they will continue to work together to respond to world’s greatest energy shock ever
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 4+ TICKS HIGHER AT 111-07+
US President Trump’s naval blockade of Iranian ports is targeting one of the Islamic Republic’s most sensitive points — and it may be enough to inspire Tehran to respond to the US’ peace overtures, via NY Post citing experts
Trump officials reportedly weighing another possible face-to-face session with Iranians, CNN reports
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Higher futures prices can indicate expectations of lower yields, which could affect the overall rate environment and investor sentiment across fixed income and equities, particularly in light of Federal Reserve moves.
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