[MARKET ANALYSIS] T-note futures are rangebound ahead of major central bank rate decisions and amid upside in oil prices

USTs: +4 ticks Ekes slight gains in otherwise uneventful trade, with upside limited amid higher oil prices and as participants await the rate decision from the Fed this week, while US President Trump reiterated his call for the US to have the lowest interest rates in the world. Bunds: +11 ticks Trades marginally higher and gets some reprieve from last week's selling pressure, but with the rebound contained following hawkish rhetoric from ECB officials. JGBs: +11 ticks Conforms to the slightly positive performance in global counterparts although price action is somewhat choppy as markets brace for the key rate decisions from the Fed and BoJ, with money markets heavily leaning towards both central banks hiking rates.