[MARKET ANALYSIS] T-note futures mildly rebound from the prior day's trough amid lower oil prices and with risk sentiment clouded by the NVIDIA fallout
ORIGINAL · Newsquawk[MARKET ANALYSIS] T-note futures mildly rebound from the prior day's trough amid lower oil prices and with risk sentiment clouded by the NVIDIA falloutRead originalHide original
USTs: +4 ticks Rebounded from the prior day's trough as oil prices declined and with risk sentiment clouded by the fallout from NVIDIA CEO's extramarital affairs, which has raised doubts regarding his future at the helm of the tech giant, although the gains are capped as participants await Fed speakers and supply. Bunds: +16 ticks Nursed recent losses amid lower energy prices and few fresh catalysts from the bloc. JGBs: +19 ticks Followed suit to the recovery in global counterparts with prices unfazed by firmer-than-expected PPI data and a looming 5yr JGB auction, while there were comments from BoJ's Asada that they need to watch the downside risks to the economy from rate hikes.
Treasury futures rebounded as oil prices fell, with Nvidia-related uncertainty weighing on sentiment; recent Nvidia scrutiny and upcoming U.S. rates events provide context.
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USTs: +4 ticks Rebounded from the prior day's trough as oil prices declined and with risk sentiment clouded by the fallout from NVIDIA CEO's extramarital affairs, which has raised doubts regarding his future at the helm of the tech giant, although the gains are capped as participants await Fed speakers and supply. Bunds: +16 ticks Nursed recent losses amid lower energy prices and few fresh catalysts from the bloc. JGBs: +19 ticks Followed suit to the recovery in global counterparts with prices unfazed by firmer-than-expected PPI data and a looming 5yr JGB auction, while there were comments from BoJ's Asada that they need to watch the downside risks to the economy from rate hikes.
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