[MARKET ANALYSIS] Treasury futures are subdued amid higher yields as rising oil prices stoke inflationary concerns

USTs: -5 ticksRemained subdued after retreating yesterday amid higher yields and better-than-expected ISM Services and ADP Employment Data, while participants look ahead to more labour market proxies due later ahead of Friday's NFP report.Bunds: -42 ticksRetreated back beneath the 129.00 level as higher energy prices continue to stoke inflationary concerns.JGBs: -29 ticksTracked the downside in global peers amid a higher yield environment and as a 30yr auction looms.