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US Market Open: Global yields remain elevated weighing on US equity futures
Iranian Parliament Speaker Ghalibaf said Iranian forces have full control of the Strait of Hormuz and will prevent enemy vessels from crossing.The Bank of England has reportedly written plans with the DMO to overhaul its money-printing programme, with plans to stop selling 20- and 30-year gilts, according to the Telegraph.Global equities continue to be weighed on by higher energy prices and bond yields.DXY edges higher; GBP unreactive following a mixed jobs report.Fixed income benchmarks fall, with USTs underperforming; Gilts little moved amid the Telegraph report.Energy benchmarks remain at…
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