Market Analysis
[MARKET ANALYSIS] T-note futures retreated amid headwinds from rising oil prices
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USTs: -6.5 ticksRetreated as yields climbed in tandem with higher oil prices and with demand also contained ahead of US supply scheduled for Monday, including a 3-year note auction.Bunds: -26 ticksContinued its recent pullback amid energy-related inflationary pressures, while ECB President Lagarde recently noted that policymakers face huge uncertainty and need a lot more data to understand the repercussions of the war.JGBs: -14 ticksFollowed suit to global peers amid headwinds from the rising oil prices, and with the latest 10yr JGB auction scheduled for tomorrow.
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