Market Analysis

[MARKET ANALYSIS] T-note futures trade sideways after recent upside in yields ahead of this week's key data

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T-note futures traded sideways ahead of key US data, while Bunds and JGBs recorded tick gains with upsides constrained by inflation concerns and an upcoming auction.

News detail

USTs: Flat Trades sideways overnight after the recent gains in yields across the curve amid a slew of conflicting geopolitical headlines and ahead of key US data this week. Bunds: +19 ticks Remains afloat after yesterday's intraday rebound, but with upside capped amid inflationary-related headwinds. JGBs: +9 ticks Edged higher after recently bouncing off a contract low at the 124.00 level, albeit with the recovery limited amid a quiet calendar with no tier-1 releases from Japan and as a 40-year JGB auction looms.

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