[MARKET ANALYSIS] Treasury futures remain pressured as oil rises stoke inflationary concerns

USTs: -7.5 ticksRemained pressured after retreating yesterday as yields rose across the curve amid rising oil prices, likely dealer concession and with some hot leaning PCE components of the CPI report, while more US supply also looms.Bunds: -33 ticksBreached the 126.00 level after yesterday's one-way downward price action, as oil prices and geopolitics dominate markets.JGBs: -24 ticksPrice action is subdued amid the oil-related inflation pressures, while there were comments from BoJ Governor Ueda, who noted that they need to be mindful that Forex has larger impacts on prices than in the past and could affect inflation expectations.