[MARKET ANALYSIS] T-note futures are lacklustre with US cash markets closed on Friday for Juneteenth

USTs: -2 ticksT-note futures are uneventful in thin trade after recently nursing some of the FOMC-triggered losses, while overnight demand is not helped by the closure of US cash markets on Friday for Juneteenth.Bunds: -30 ticksResumed yesterday's intraday pullback after recent fluctuations and continued hawkish ECB rhetoric, while German PPI data looms.JGBs: -20 ticksPrice action is subdued ahead of an enhanced liquidity auction for longer-dated JGBs and after Japanese inflation data mostly matched forecasts.