TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 5+ TICKS LOWER AT 111-11+
The settlement of T-note futures 5+ ticks lower indicates a weakening market for U.S.
The US has not formally asked Israel for a ceasefire in Lebanon and it is not part of the peace talks with Iran. But, the President would welcome and be happy to see an end to the fighting as part of an agreement between Israel and Lebanon, via Axios
Qatar's government says Emir discussed in a call with Trump reducing escalation and ensuring the stability of energy markets
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 5+ TICKS LOWER AT 111-11+
IMF says BoJ can see through inflationary pressures from Middle-East conflict as second-round effects will be moderate
US FX WRAP: Dollar flat as risk-on trade momentum slows down amid mixed reports
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Treasuries, likely reflecting investor sentiment around shifting rate expectations, especially in light of recent economic data or central bank commentary. This movement could signal a cautious outlook for rates and impact risk sentiment across equities and other asset classes as investors reassess their positions.
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