[MARKET ANALYSIS] T-note futures edge higher following the prior day's steepening and rebound in the short-end on dovish remarks from Fed's Williams

USTs: +4.5 ticks Edges higher overnight following the prior day's steepening, in which the short-end had rebounded on dovish remarks from Fed Williams, who sees no need for urgency after the September rate hike, while he argued there is time to gather more information to provide greater clarity on the underlying economic trends and associated risks in support of setting the appropriate monetary policy. Bunds: +25 ticks Remained afloat after benefitting from the recent pullback in oil prices, while participants await looming German supply and data, including Retail Sales and CPI figures. JGBs: -4 ticks Lacks conviction amid the positive risk appetite and weak data from Japan, while a 2yr JGB auction also looms.