OIL: US Attempt to Restart Kurdish Oil Doesn’t Change Market Sentiment: Platts

Wednesday's Europe rates/bond options flow included:

• DUG5 106.70/106.80cs, sold at 2.5 in 5k vs 1.25k at 106.675.
• DUH5 106.80/107.00/107.20c ladder, bought for 3 in 5k.
• RXH5 133.50/134.50cs, bought for 17.5 in 8.2k.
• RXH5 133.00/134.00/134.50/135.00c condor, bought for 18 in 1k.
• ERJ5 97.75/97.875/98.00c fly, bought for 2.5 in 3.9k.
• ERM5 98.00/98.25cs, bought for 2.75 in 3.4k.
• ERM5 97.87/97.75/97.62p fly bought for 2.5 in 14.8k, done straight and vs futures
• ERM5 98.00/98.50/99.00c fly, bought for 3 in 10k total
• ERM5 98.00/98.1875/98.375c fly 1x3x2, bought for 3.75 in 5k.
• ERM5 97.75/97.87/98.00c fly, bought for 1.25 in total 17k
• ERM5 97.875/98.00cs, bought for 4.5 in 5k.
• SFIK5 95.75/95.85/95.95c fly vs 95.50/95.40ps, bought the c fly for 0.75 in 5k.

• US TSY 19Y-10M BOND AUCTION: NON-COMP BIDS $106 MLN FROM $13.000 BLN TOTAL

A survey from Ipsos has found that a majority of Americans believe that proposed by US President Donald Trump will raise the price of consumer goods.

• Ipsos: "...a majority of Americans (66%) think these tariffs will raise the cost of the goods they buy, according to the latest data from the Ipsos Consumer Tracker. That perception is practically unanimous among Democrats (at 87%), but nearly half of Republicans feel the same."
• Ipsos notes: "We've also seen that high confidence the tariffs will happen in the first place: 81% of Americans think"it's likely that Trump will try to increase tariffs on imports from China and Mexico," according to a recent Ipsos poll for The New York Times."

Figure 1: “To what extent do you agree or disagree with the following? - Tariffs will raise prices on goods I buy”

Source: Ipsos