Dow Jones futures pointed higher on [date] as investors assessed the market impact of renewed US Treasury debt buybacks alongside a sharp rise in global oil prices. The Treasury’s purchases of outstanding securities may improve liquidity and market functioning, but they also signal increased borrowing needs and could pressure long-term yields. The 10-year Treasury yield hovered near [yield]%, while crude climbed to [price] per barrel on [specific reason, e.g., supply cuts, geopolitical tensions]. Higher energy costs could slow the recent cooling in consumer prices and complicate the Federal Reserve’s timeline for rate cuts. Futures markets priced in a [percentage]% chance of a cut by [month]. Investors are expected to focus on CPI and employment data, Federal Reserve statements and Treasury auction results as they assess the outlook for equities and interest rates.