Market Analysis
[MARKET ANALYSIS] Treasury futures remain pressured on higher oil prices and looming supply
News detail
USTs: -2.5 ticksTrickled lower amid firmer oil prices and with demand also not helped ahead of US inflation data and the latest 10yr auction stateside.Bunds: -20 ticksRetreated amid energy-related headwinds, while participants also await ZEW data and incoming supply, including a EUR 6bln Schatz issuance later, followed by EUR 2.5bln of Bunds tomorrow.JGBs: -30 ticksContinued the recent declines amid the oil pressures and after the BoJ Summary of Opinions noted some members saw the need to resume rate hikes soon, opening the door for a June hike, while a 10yr JGB auction also looms.
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