The Kremlin said it will remain in contact with the US on the idea of an energy truce.

MOODY'S revised Bangladesh's outlook to stable and affirmed the B2 sovereign rating, saying the severe political and external pressures that prompted the prior negative outlook have eased and that the post-election transition and a stronger governing mandate have reduced the risk that political uncertainty will impede reforms.

U.S. Treasury yields rose across the curve in Asian trading ahead of Wednesday’s Federal Reserve rate decision; the 10-year briefly topped 5% on Monday for the first time since October 2023. LSEG data show markets assign a 93% probability to a 25bp hike. Tradeweb reports the 2-year yield up 4.4bps at 4.676% and the 10-year up 6.2bps at 5.021%. An ING rates strategist said: "Logically a rate hike should calm the long end, however the long end is often extremely erratic."