Demand Slack at US 30-Year Bond Sale Second Day Running
Thursday's US 30-year bond auction disappointed with a 0.4 basis point tail, the second straight day of weak demand.
The U.S. requests a new European security proposal from Russia in Ukraine peace talks, while progress includes a prisoner exchange deal and upcoming meetings…
Axios has reported on new developments in Ukraine peace negotiations.
Summary of the latest developments:
The United States seeks to expand the scope of Ukraine peace talks, requesting that Russia present a new European security proposal. Per Axios, the request includes a condition: Moscow must detail the actions it is ready to take to ease tensions and reassure Europe, in addition to its own security demands. This opens the way for broader talks, but considerable work remains before the two sides can advance toward a deal.
Some progress has been made. The talks in Abu Dhabi yielded a prisoner-exchange deal that could be significant, and Witkoff and Kushner are scheduled to bring the next round of discussions directly to Putin and Zelensky on Thursday. However, the issue of European participation remains a sticking point. Washington has insisted on European inclusion at the negotiating table. Russia continues to resist, while European governments stay profoundly doubtful about the wider security plan.
Sequencing represents another major challenge. The U.S. wants the peace agreement and security framework to be negotiated in parallel. Von der Leyen prefers that the war conclude before any discussion of a new security architecture. The market takeaway from this is that the diplomatic door is opening slightly more, but the next gauge will be if Russia provides concrete concessions and agrees to European involvement. Such moves would provide a firmer basis for optimism. For now, this remains progress toward negotiations, with the tough decisions still to be made.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Thursday's US 30-year bond auction disappointed with a 0.4 basis point tail, the second straight day of weak demand.
Fed's Daly warns services inflation is sticky and signals bias for further tightening, challenging dovish views.
The euro fell to its weakest since April 2025 as US Treasury yields rose and the market priced in more Fed tightening.
The US dollar rose as Treasury yields climbed, with EURUSD and GBPUSD hitting new lows and USDCAD rallying.