US interest futures stayed under pressure as traders repriced the Federal Reserve’s policy path after stronger-than-expected inflation data, with markets moving away from earlier easing assumptions and toward a higher-for-longer stance that now includes limited odds of further tightening. In the SOFR futures strip, selling was concentrated in the front end, with both the September Read More…
Interest futures recovered sharply on Thursday after reports of a likely ceasefire extension deal between the US and Iran. The news sent US Treasury yields lower as oil prices collapsed and inflation concerns eased. At the same time, a set of downbeat economic figures lowered bets for a Fed rate hike in December. The bond Read More…
Interest futures extended gains on Thursday as yields dropped due to a decline in oil prices. Oil declined on Wednesday after Trump declared that negotiations with Iran were at the final stages. Meanwhile, experts are warning of higher oil prices if the Strait of Hormuz remains closed in the summer. Crude oil, US 10-year yield Read More…
Interest futures ended Thursday down after another volatile week due to tensions in the Middle East. Market participants have had to grapple with sentiment shifting from a looming peace deal to an escalation. Meanwhile, there is caution ahead of the crucial US monthly employment report that will show the state of the labor market. On Read More…
Interest futures were heading for a bearish week on Friday as market participants grappled with escalating Middle East tensions and a less dovish Fed. Rising tensions in the Middle East sent oil prices higher, boosting Treasury yields. Meanwhile, some Fed policymakers took on a more hawkish tone during the FOMC meeting, increasing chances of rate Read More…
Interest futures ended lower on Thursday as escalating tensions between the US and Iran sent oil prices higher. Inflation worries increased, sending Treasury yields higher. At the same time, the recent decline in expectations for Fed rate cuts has weighed on interest-rate futures. Tensions between the US and Iran escalated this week despite an extension Read More…
