- US equity futures fell as a global bond rout intensified, pushing the 30-year Treasury yield to the highest level since 2004.
- The US and China agreed to extend their trade truce by two months ahead of Presidents Trump and Xi's state summit.
- Oil rose after Iranian officials reportedly said the war with the US could expand.
- Marko Papic of BCA Research and Leland Miller of China Beige Book are slated to discuss the bond selloff outlook and the Trump-Xi summit.
Quotes
“pushing 30-year Treasury yield to the highest level since 2004”
“The US and China agree to extend their trade truce by two months ahead of Presidents Trump and Xi's state summit.”
“Oil rises as Iranian officials reportedly said the war with the US could expand.”