[MARKET ANALYSIS] T-note futures attempt to nurse some of the losses triggered by Warsh's hawkish tone and Jackson Hole
T-note futures gained +2.5 ticks following Jackson Hole losses, while Bunds and JGBs each slipped -12 ticks ahead of inflation data and following strong Japanese economic indicators.
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USTs: +2.5 ticks Attempts to nurse some of last Friday's losses after sliding on Fed Chair Warsh's keynote address at Jackson Hole and with little fresh from the US outside of geopolitics over the weekend, while participants look ahead to key jobs data later in the week. Bunds: -12 ticks Price action is lacklustre after the prior week's fluctuations and as the latest German inflation data looms. JGBs: -12 ticks Trades subdued after recent declines in global peers and stronger-than-expected Industrial Production and Retail Sales data from Japan, but with further downside stemmed with price action stuck around the 126.00 level.
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