[MARKET ANALYSIS] T-note futures languish at this week's lows after retreating on better-than-expected US data and rising energy prices

USTs: -2 ticks

• Languish at this week's lows after retreating yesterday following stronger-than-expected US data, rising energy prices, and a weak 20yr auction, while prices were also not helped by the mixed views in the FOMC Minutes and with further US supply on the horizon.

Bunds: -7 ticks

• Trickled lower in rangebound trade following the recent choppy performance and Bund issuance.

JGBs: -5 ticks

• Lacks demand after stronger-than-expected data from Japan in the form of Machine Tool Orders, which surged by double-digit percentages, while price action is also constrained amid the positive risk appetite and as a 20yr JGB auction looms.