Public Markets 3h Briefing

Last updated: March 15, 2026, 6:32 AM ET

Energy & Commodities

Oil futures slipped 1.3% wsj.com in early Asian trade as OPEC+ signaled potential output increases, while gold held near $2,340 bloomberg.com despite a weakening dollar, which offset risk-on sentiment. This movement reflects cautious positioning ahead of the Paris trade talks involving US and Chinese negotiators bloomberg.com, where currency dynamics and supply concerns are likely to dominate discussions.

Fixed Income

Japanese government bonds extended their rally nytimes.com by tracking overnight gains in U.S. Treasurys, as traders increasingly priced in a September Federal Reserve rate cut. Conversely, U.S. airline bonds weakened nytimes.com after jet fuel costs spiked 8% on Middle East supply fears, highlighting sector-specific vulnerabilities amid geopolitical tensions. Meanwhile, Chicago’s planned municipal bond sale is testing investor appetite nytimes.com amid broader uncertainty, even as the broader Treasury market showed resilience.

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