Market Analysis

[MARKET ANALYSIS] T-note futures take a breather after climbing on soft data, while upside is capped overnight amid the closure of cash treasuries trade and ahead of NFP

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USTs: +1 ticksLingers around the prior day's best levels after climbing in the aftermath of the recent soft data releases, including disappointing Retail Sales, while price action is contained ahead of the Non-Farm Payrolls report and with overnight cash treasuries trade shut due to the Tokyo market closure.Bunds: +5 ticksHolds on to recent gains after advancing in tandem with global peers, but with further upside limited ahead of today's German Bund issuances.

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