[MARKET ANALYSIS] T-note futures paused after gaining yesterday as oil declined, while price action is contained as overnight cash treasuries trade is shut again due to the Tokyo holiday

USTs: -0.5 ticks T-note futures take a breather following recent gains and amid a quiet calendar, while the latest comments from Fed speakers did little to support yields. Price action is also contained ahead of incoming supply and with the closure of overnight cash treasuries trade as Tokyo markets remained shut for holidays. Bunds: -12 ticks Marginally pulled back after advancing yesterday as yields and oil prices declined, while participants await ECB speakers, as well as Bobl and Bund issuance scheduled over the next couple of days.