[MARKET ANALYSIS] T-note futures remain afloat after gaining yesterday on the subdued risk appetite

USTs: +3 ticksHolds on to recent gains after advancing across the curve amid the subdued risk appetite stateside and after a better-than-previous 7yr note auction, while there is little scheduled today for the US aside from PPI and Chicago PMI data.Bunds: +14 ticksRemains firmer and approaches closer to retesting the 130.00 level, but with further upside capped ahead of several releases from Germany, including CPI, Import Prices and the Unemployment Rate.JGBs: +19 ticksContinued to rebound from this week's trough as participants digested Tokyo CPI data, which printed firmer-than-expected, but slowed from the previous readings, with Core CPI in the capital region declining below the BoJ's 2% target for the first time since October 2024.