Speaking to the head and senior officials of the judiciary and heads of justice departments, Supreme Leader Ayatollah Ali Khamenei claims that the Iranian strikes on the US' Al Udeid airbase in Qatar, launched in response to the US strikes on Iran's nuclear enrichment facilities, were a "huge blow" at a "sensitive" location for the US, adding that "Of course, a bigger blow than this can be inflicted on the US and others." Khamenei's address largely follows the usual pattern of decrying Israeli and US actions in the Middle East, and is unlikely to be viewed as a specific threat of further escalation.
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J.P.Morgan recommended tactical 10s30s flatteners late on Friday
OI data points to net short setting dominating in the SOFR whites on Friday, before a more balanced round of net short setting and long cover was seen further out the strip as contracts finished lower.
| 13-Jun-25 | 12-Jun-25 | Daily OI Change |
| Daily OI Change In Packs |
SFRH5 | 1,070,640 | 1,068,294 | +2,346 | Whites | +142,066 |
SFRM5 | 1,538,404 | 1,413,375 | +125,029 | Reds | -16,982 |
SFRU5 | 1,155,967 | 1,148,923 | +7,044 | Greens | +20,662 |
SFRZ5 | 1,188,604 | 1,180,957 | +7,647 | Blues | -8,505 |
SFRH6 | 929,118 | 926,768 | +2,350 |
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SFRM6 | 876,419 | 877,743 | -1,324 |
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SFRU6 | 781,911 | 786,849 | -4,938 |
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SFRZ6 | 856,753 | 869,823 | -13,070 |
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SFRH7 | 664,110 | 664,676 | -566 |
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SFRM7 | 622,412 | 598,340 | +24,072 |
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SFRU7 | 428,905 | 432,542 | -3,637 |
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SFRZ7 | 403,985 | 403,192 | +793 |
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SFRH8 | 300,772 | 306,747 | -5,975 |
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SFRM8 | 200,233 | 211,254 | -11,021 |
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SFRU8 | 177,371 | 171,103 | +6,268 |
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SFRZ8 | 168,882 | 166,659 | +2,223 |
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