[MARKET ANALYSIS] Treasury futures rebound as a pullback in energy prices ease inflationary pressures, while participants look ahead to Jackson Hole later in the week

USTs: +4.5 ticks Rebounded from last week's trough as oil prices mildly eased back from around their 3-month highs, and with the main focus this week on Fed Chair Warsh's first keynote address at the Jackson Hole Symposium on Friday. Bunds: +14 ticks Climbed higher and looks to retest the 124.00 level to the upside as the pullback in energy prices helps ease some inflationary pressures. JGBs: -5 ticks Gradually recouped some of the initial losses but with upside contained amid a quiet calendar and as participants await supply from Japan in the form of 10-year climate transition bonds.