[MARKET ANALYSIS] T-note futures mildly extended on the prior day's gains after long-end yields fell as the US Treasury plans to at least double buyback operations for longer-dated debt

USTs: +3 ticks Marginally extended on the prior day's gains after long-end yields fell in response to the US Treasury announcing plans to increase the size of liquidity support buyback operations for longer-dated nominal coupon securities by at least double. However, gains were capped with little reaction seen to the FOMC minutes and following a soft US 20yr auction. Bunds: +13 ticks Mildly edged higher following recent choppy price action and with German PPI data scheduled today. JGBs: +36 ticks Extended their rebound as yields continued to ease back from multi-decade highs, despite better-than-expected trade data from Japan, while the attention turns to today's 20yr JGB auction.