Treasuries rose to kick off the week after a report signaled a weakening US economy, with investors targeting a move in the benchmark 10-year yield below 4% in the coming weeks. Yields closed three to four basis points lower, with the 10 year at 4.16%, following an unexpected drop in the December ISM manufacturing gauge. Yields whipsawed throughout the day in the wake of the US capture of Venezuelan President Nicolás Maduro over the weekend and gyrations in oil prices. The ISM gauge drew a “measured resp ...

Group 1 - The stock market experienced a decline, particularly the Dow, following the release of new labor market data [1] - Crude oil futures fell after initially gaining, influenced by a significant increase in U.S. crude stock and Saudi Arabia's decision to lower its official selling prices for December to Asian markets [1] - Reports indicate that India is reducing its purchases of Russian oil, while rising refinery margins are providing some support to the market [2] Group 2 - OPEC+ has increased production, which has led to many buyers remaining cautious and on the sidelines [2] - The technical outlook for WTI December crude suggests a sideways bearish structure, with near-term support identified at the $59.15 level [2]

Group 1 - Crude oil futures have declined for three consecutive sessions, primarily due to increased OPEC production overshadowing concerns about potential Russian supply losses from U.S. sanctions [1] - A potential trade agreement between the U.S. and China is contributing to a decrease in geopolitical risk, which may lead to further tariff reductions [2] - U.S. inventory data expected to show a slight weekly decline in crude oil stockpiles, according to a Wall Street Journal survey of analysts [2]