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Tsy Support Evaporates on Putin "Positive Shifts"

US TSY FUTURES
Quick risk-on move after IFX headline quotes Russia Pres Putin of "certain positive shifts in talks with Ukraine". Tsys gapped lower (USM2 from 155-12 to 154-25, 30YY climbed to 2.3842%), equities surged higher (ESM2 hit 4325.75).
  • Cross asset: crude reverses course, Brent to around 113.15; Gold trades down to 1970.08 but bouncing to appr 1978.0.
  • Headlines from meeting between Belarus Pres Lukashenko and Putin, more to follow but rather light on content, quick react from algos with some two-way trade on respective highs/lows amid modest overall volumes: TYM2 only 288k.

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