[MARKET ANALYSIS] Treasury futures are lacklustre amid the backdrop of recent oil price swings and supply

USTs: -2 ticksPrice action is rangebound following the recent choppy performance as trade continues to be driven by geopolitics and the fluctuations in oil, while demand was also not helped by a very weak 3yr auction and the announcement of several large corporate issuances, including from Amazon (AMZN), Salesforce (CRM) and Honeywell (HON), totalling at least USD 66bln.Bunds: -9 ticksTraded subdued, but are off the prior day's lows after finding support near the 127.00 level, while participants await German supply.JGBs: -9 ticksMarginally declined amid the mostly positive risk appetite in Asia and as the latest 5yr JGB auction looms.