[MARKET ANALYSIS] T-note futures are uneventful following the US holiday closure, while JGBs climb despite a looming 5yr auction

USTs: +2 ticksPrice action is uneventful following the holiday closure on Monday for Washington's Birthday, while participants look ahead to data and Fed speak.Bunds: -3 ticksStruggles for direction after the prior day's choppy mood and as German ZEW data and issuances loom.JGBs: +30 ticksClimbed higher amid the negative risk sentiment in Japan and with futures unfazed by the approaching 5yr JGB auction.