Interest futures held steady on Friday as Treasury yields remained subdued after downbeat US employment figures. Meanwhile, market participants were speculating about future rate cuts after Trump’s pick to fill the vacancy in the Fed. US continuing claims (US Labor Department) Data on Thursday revealed that US employment claims increased more than expected. Claims rose Read More…
Interest futures eased on Friday as US Treasury yields soared at the deadline of Trump’s tariffs. The US president imposed high tariffs on several of the country’s major partners, including Canada and South Korea. However, trading remained thin as market participants eagerly awaited the US monthly employment report. On Friday, Trump’s tariff deadline was hit, Read More…
Interest futures were subdued on Friday as Treasury yields remained elevated amid stronger investor confidence in the US economy. Recent progress in trade deals has boosted risk appetite and convinced investors to buy back US assets. At the same time, upbeat data and earnings have pointed to a resilient economy, further supporting yields and weighing Read More…
Interest futures rose on Friday after upbeat economic data in the previous session raised optimism about the state of the US economy. However, a decline in Fed rate cut bets and a rally in US Treasury yields put a lid on gains. US retail sales (Source: US Department of Commerce) Interest futures fluctuated on Thursday, Read More…
Interest futures eased from recent peaks after Trump got more aggressive with tariffs. Meanwhile, the dollar and Treasury yields rose in anticipation of higher import costs and inflation. Trump sent additional letters to countries like Canada, announcing higher tariffs that will take effect in August. US 10-year yield (Source: Bloomberg) On Wednesday, interest futures soared Read More…
Interest futures steadied on Friday after dropping most of the week due to a drop in overseas demand. The passing of Trump’s tax bill hurt demand for US Treasuries. At the same time, concerns about higher inflation due to tariffs boosted Treasury yields, weighing on interest futures. Since Tuesday, interest futures have trended lower. The Read More…
