During the Asian trading session, markets exhibited a mixed sentiment as investors adopted a cautious stance ahead of a flurry of economic data releases and speeches from Federal Reserve officials in the coming days. These events are poised to play a crucial role in shaping the outlook for interest rates. Treasury markets saw minimal movement during Asian […]

Brent crude oil prices edged lower towards $81 a barrel following a more than 2% decline last week, while its U.S. counterpart West Texas Intermediate hovered above $76. Concurrently, gold saw slight losses, and iron ore dropped to its lowest level since October, echoing last week’s nearly 9% slump. Hopes for a resurgence in Chinese steel demand post-Lunar New Year

Market participants remained relatively unperturbed by hawkish commentary from the Federal Reserve, with Treasury 10-year yields exhibiting minimal change at 4.32% on Thursday. Cash Treasury trading in Asia was halted on Friday due to the observance of a Japanese holiday. The Federal Reserve’s increasing confidence in ongoing and sustainable disinflation may eventually prompt a shift in the

The US dollar saw a decline against a basket of Group-of-10 currencies, while the yen remained relatively stable around the 150 per dollar mark. Treasuries exhibited steadiness in Asian trading following a sell-off on Wednesday, which pushed the 10-year yield up by five basis points. This surge in yields across the curve followed a $16 billion sale

Investors are eagerly anticipating the release of the Federal Reserve’s January meeting minutes on Wednesday, seeking additional insights into the central bank’s stance regarding a potential timeline for interest rate cuts. Concerns over a delay or reduction in rate cuts arose following last week’s unexpectedly rapid inflation figures, causing uncertainty among market participants about the

The price of gold saw a downturn early on Tuesday, slipping below the $2,020 mark after a promising start to the week that saw a three-day recovery rally. This decline comes as the upside potential for gold prices appears to be limited by a resurgence in the US dollar and US Treasury bond yields, with

This week, market participants are closely monitoring European inflation data amidst ongoing geopolitical tensions in the Middle East, where negotiations aimed at securing an Israel-Hamas cease-fire and the release of hostages have stalled. In the US, trading activity for Treasuries was halted due to a holiday, but when markets reopened on Friday, Treasury prices experienced a decline.

As Wall Street braces for a pivotal inflation reading that could shape the Federal Reserve’s strategy on monetary policy, the mood among investors remains cautiously optimistic. Atlanta Fed President Raphael Bostic’s remarks on Thursday emphasized the robustness of the US labor market and economy, indicating that there’s no urgency to implement interest rate cuts. The recent decline in

Traders adjusted their expectations for an early Federal Reserve interest-rate cut. The recent US inflation data has effectively ended the global bond rally that commenced in December, fueled by hopes of a dovish shift in Fed policy. Market sentiment shifted as swap traders tempered their anticipation for a Fed rate cut before July, coinciding with the VIX, or

As markets await key economic data, insights from Fed officials highlight potential risks to inflation dynamics. In Asia trading, Treasuries maintained stability on Tuesday as investors braced for the release of January’s US consumer price index report later in the day. Expectations are rife that the report will reveal the first year-over-year headline inflation reading below 3%