Market Analysis
[MARKET ANALYSIS] T-note futures mildly declined amid higher oil prices and increased rate hike bets
StockNow breaking-news AI analysis
T-note and JGB futures declined on rising oil prices, Fed hike bets, and firm Japanese Services PPI, while Bunds edged higher below 120.00.
News detail
USTs: -4.5 ticks Mildly declined with yields higher across the curve as the upside in oil prices stoked inflationary concerns and boosted Fed rate hike bets, while there was also some hawkish rhetoric from Fed officials on Friday. Bunds: +4 ticks Demand is contained with prices lingering beneath the 120.00 level amid a lack of pertinent drivers. JGBs: -17 ticks Retreated amid higher oil prices and firmer-than-expected Japanese Services PPI data.
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