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Tsys Reverse Course, Test Lows On Gaza Headlines

US TSY FUTURES
  • Tsys gapped lower, near lows (TYZ3 106-03) after Al Jazeera's Arabic language Twitter account posts: "Urgent | Sources for Al Jazeera: Negotiations are progressing rapidly to achieve a ceasefire agreement and an exchange deal between Hamas and Israel, mediated by Qatar".
  • Tenuous nature of headlines on fluid situation sees Tsy futures bouncing back, 10Y at 106-07 last.
  • West Texas crude trimmed gains to 83.90 briefly but bounce back to 84.30 (+1.09).

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