[MARKET ANALYSIS] T-note futures remain subdued after yields climbed on higher oil prices and the Treasury buyback announcement

USTs: -1 ticks Remains subdued after yields rose alongside higher oil prices and following the Treasury's long-end buyback announcement of a maximum of USD 6bln of 10yr-20yr nominal coupons on Thursday, which was above its previous guidance for "at least" USD 4bln, but disappointed as there were some expectations of as high as USD 10bln. Bunds: -15 ticks Lingers around the prior day's trough beneath the 122.00 level heading into a widely expected ECB rate hike. JGBs: -30 ticks Followed suit to the declines in global peers, with prices not helped by the looming enhanced-liquidity auction and hawkish comments from BoJ's Masu, who called for the BoJ to raise rates further and move its policy rate within the estimated neutral-rate range so it can conduct policy flexibly.