IRAN: Headlines from Qalibaf on Breach of Ceasefire
Apr-22 16:46
"IRAN'S TOP NEGOTIATOR QALIBAF SAYS A COMPLETE CEASEFIRE ONLY MAKES SENSE IF IT IS NOT VIOLATED BY THE MARITIME BLOCKADE AND 'HOSTAGE-TAKING OF THE WORLD'S ECONOMY'
"QALIBAF SAYS REOPENING THE STRAIT OF HORMUZ IS IMPOSSIBLE WITH SUCH A 'FLAGRANT BREACH OF THE CEASEFIRE'" (Reuters)
FED: US TSY 19Y-10M BOND AUCTION: NON-COMP BIDS $56 MLN FROM $13.000 BLN TOTAL
Apr-22 16:45
US TSY 19Y-10M BOND AUCTION: NON-COMP BIDS $56 MLN FROM $13.000 BLN TOTAL
US TSYS: Midday Update: Extending Lows as Crude Rises, 20Y Auction Re-Open
Apr-22 16:43
Treasury futures are currently extending session lows as crude prices continue to gain (WTI +3.64 to $93.31/bbl) - despite cooling middle east tension after Pres Trump extended a ceasefire period with Iran late Tuesday for another 3-5 days. Markets apparently discounting hope that a swift Hormuz Strait reopening.
TYM6 currently -2.5 at session low of 111-07, technical support to watch is 110-16, the Apr 2 low. 10Y yld rises to 4.2995%.
Curves bear flatten: 2s10s -.973 at 49.638, 5s30s -.952 at 97.899.