[MARKET ANALYSIS] T-note futures retreated amid a rebound in oil, while a slew of data looms
USTs: -6 ticks
- Extended its gradual retreat from the 110.00 level with some pressure overnight from a rebound in oil, while participants await a slew of data releases from the US, including the Fed's preferred inflation gauge.
Bunds: -25 ticks
- Declined with headwinds stemming from energy prices and further hawkish ECB rhetoric.
JGBs: +11 ticks
- Rebounded from an early dip to trade higher on the day with yields lower, while Japan's ruling party proposed allowing the government to issue bridging bonds to fund certain expenditures, which can be excluded from debt-to-GDP ratio and primary balance calculations.
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