TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 4+ TICKS LOWER 111-03

The Treasury wrap indicates that T-note futures settled lower, suggesting a cautious sentiment among investors.

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S&P affirms UK at 'AA'; outlook stable

Al Hadath reports that the American convoy including diplomats and FBI personnel was ambushed during the transfer of the journalist to Baghdad Airport

TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 4+ TICKS LOWER 111-03

US FX WRAP: Dollar slips once again as markets latch onto hopes US-Iran talks will lead to long-term resolution

Jet fighters and attack planes recently arrived in the Middle East, according to WSJ, citing flight-tracking data and a US official; 1,500 to 2,000 troops from the Army's elite 82nd Airborne Division could arrive in the coming days

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Context

This decline could reflect weakening demand for safe-haven assets amid geopolitical tensions, notably involving Iran and Israel, which may be impacting overall risk appetite. Additionally, this movement in fixed income could signal potential implications for rates as market participants weigh the balance between inflation concerns and central bank policy outlooks.

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