[MARKET ANALYSIS] T-notes futures continued to trickle lower amid higher oil prices and after strong US jobs data spurred hawkish bets
SourceNewsquawk
SectionMarket Analysis
USTs: -6.5 ticks
- Continued to trickle lower after dropping on Friday as the stronger-than-expected US jobs data spurred rate hike bets. There was little else over the weekend to drive markets outside of geopolitics, while the Fed had entered a blackout period.
Bunds: -14 ticks
- Remainded subded as a rise in oil prices spurred by the geopolitical escalation, adds to the inflationary pressures, while participants brace for the ECB meeting later in the week, where a hike is fully priced in.
JGBs: -28 ticks
- Conforms to the declines seen in global peers amid higher oil prices and recent hawkish central bank bets.