[MARKET ANALYSIS] T-note futures are underpinned as a slump in oil eases inflationary concerns
ORIGINAL · Newsquawk[MARKET ANALYSIS] T-note futures are underpinned as a slump in oil eases inflationary concernsRead originalHide original
USTs: +8.5 ticks Continues upward momentum with a lower-yield environment facilitated as collapsing oil prices help ease inflationary concerns, while expectations of enhanced regulation could weigh on growth and further fiscal expansion may be constrained as the GOP will no longer be able to pass their reconciliation 3.0 package. Bunds: +27 ticks Retests the 123.00 level to the upside amid lower oil prices, while participants await comments from several ECB speakers and German Factory Orders. JGBs: +55 ticks Followed suit to the rally in global peers with the index unfazed by the looming 10yr JGB auction.
The article reported gains in U.S. Treasury, Bund and JGB futures, citing lower oil prices and listing market-specific factors and upcoming events.
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USTs: +8.5 ticks Continues upward momentum with a lower-yield environment facilitated as collapsing oil prices help ease inflationary concerns, while expectations of enhanced regulation could weigh on growth and further fiscal expansion may be constrained as the GOP will no longer be able to pass their reconciliation 3.0 package. Bunds: +27 ticks Retests the 123.00 level to the upside amid lower oil prices, while participants await comments from several ECB speakers and German Factory Orders. JGBs: +55 ticks Followed suit to the rally in global peers with the index unfazed by the looming 10yr JGB auction.
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