[MARKET ANALYSIS] Treasuries remain subdued post-hawkish FOMC

USTs: -1 tick

• Attempted to nurse some losses after the recent bear flattening due to the hawkish FOMC and Warsh's first press conference as chair, where he refrained from hinting whether he is leaning towards a hike and affirmed that the committee will deliver price stability.

Bunds: -1 tick

• Retreated in the aftermath of the Fed but then returned to flat territory as oil prices continued to decline.

JGBs: -19 ticks

• Price action is choppy following the recent key central bank announcements and latest geopolitical updates.