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[MARKET ANALYSIS] Treasury futures are rangebound amid a lack of fresh pertinent drivers and as supply looms

Importance
Level 1

USTs: Flat

  • Trades little changed amid sparse headline-driven newsflow, which was accentuated by the cancellation of JOLTS data due to the partial government shutdown. Nonetheless, the House has since approved the funds to end the shutdown, which President Trump signed into law, while participants await the Treasury Refunding Announcement.

Bunds: +11 ticks

  • Rebounded off the prior day's trough, but with the upside limited ahead of EZ flash HICP data and Bund supply.

JGBs: +3 ticks

  • Remains afloat in quiet trade amid a lack of tier-1 data releases and mixed overnight risk sentiment.
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