Politics

[MARKET ANALYSIS] Treasury futures are subdued amid continued gains in oil prices

StockNow breaking-news AI analysis

Rising oil prices are driving expectations for further Fed tightening, causing a bear flattening in Treasuries. Global bonds are tracking this weakness amid supply pressures and strong trade data.

News detail

USTs: FlatT-note futures linger around yesterday's lows after Treasuries bear flattened as rising oil prices reinforced expectations for further Fed tightening.Bunds: -7 ticksLacks firm direction after the recent choppy performance and with further supply scheduled today.JGBs: -18 ticksTracked the downside in global peers, with prices also not helped by mostly better-than-expected trade data and looming 40yr JGB auction.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more