A quiet overnight session for futures,.........>

JGBS: A quiet overnight session for futures, sticking to the Tokyo range after

the long end dragged the complex higher into the Tokyo close, in the wake of the

latest 20-Year auction, which was a little stronger than the previous auction,

but still tepid on a historical basis.

- Source reports have seemingly tried to push back on easing expectations ahead

of the BoJ's next MonPol decision, which is scheduled for next week. The latest

BBG source piece noted that "the Bank of Japan is currently considering

refraining from extra stimulus at its October meeting but will look for a fresh

way to show its continued readiness to take action." Elsewhere, RTRS sources

suggested that "the Bank of Japan is leaning toward keeping monetary policy

steady next week as stable markets, a truce in U.S.-China trade talks and robust

domestic demand give it room to save its dwindling ammunition to battle the next

recession."

- Little of note on the local docket today.