[MARKET ANALYSIS] T-note futures rebound after the recent bear flattening as geopolitics continues to drive markets

USTs: +5 ticksT-note futures continued to gradually rebound after the prior day's bear flattening which had been spurred by a rally in oil, while the pullback in yields followed the improvement in geopolitical rhetoric, including the announcement of a partial ceasefire in Lebanon.Bunds: +39 ticksHeld on to their spoils after clawing back recent losses and returning to above the 126.00 level, while participants await EU CPI data and a looming EUR 5bln Schatz issuance.JGBs: +22 ticksMirrored the recovery in global peers and eyes the 129.00 level ahead of a 10yr JGB auction.