[MARKET ANALYSIS] Treasury futures marginally rebounded after declining yesterday with market cautiously optimistic about a Middle East resolution
News detail
USTs: +2.5 ticksMarginally rebounded from the prior day's after retreating amid haven outflows as markets remained cautiously optimistic about a resolution in the Middle East, while there were mixed reports regarding an Israel-Lebanon ceasefire and a US-Iran ceasefire extension.Bunds: +8 ticksTrades rangebound but are off the prior day's lows, while prices have largely ignored the recent slew of ECB rhetoric and reports that officials are said to be leaning towards an April rate hold.JGBs: ticksSlightly trickled lower after failing to sustain the 130.00 level and ahead of today's scheduled enhanced liquidity supply of longer-dated JGBs.
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