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* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
New York Fed President John Williams said the recent climb in Treasury yields is driven largely by a strong U.S. economy, with higher real rates and investment demand playing a bigger role than inflation compensation.
Fed's Williams: It's more about the economy driving financial conditions