Market Analysis

[MARKET ANALYSIS] T-note futures are contained after last week's price swings and recent upside in oil

StockNow breaking-news AI analysis

Global bonds face pressure from rising oil prices and hawkish BoJ expectations. USTs stabilize ahead of FOMC minutes, while Bunds and JGBs decline due to energy costs and policy risks.

News detail

USTs: +1.5 ticks Trades little changed and takes a breather following last Friday's price swings, while there was a lack of fresh macro drivers stateside over the weekend, and participants look ahead to the FOMC Minutes on Wednesday. Bunds: -16 ticks Remains subdued after sliding late last week and following recent gains in oil prices. JGBs: -42 ticks Tracked recent declines in global peers and tests 126.00 to the downside as money markets continue to price a greater likelihood of a hike than a hold for the September meeting, despite the weaker-than-expected GDP data.

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