A very quiet Asia-Pac session for......>

BOND SUMMARY: A very quiet Asia-Pac session for core FI markets, with the final

day of the Chinese holiday sapping liquidity from the space.

- T-Notes were held to a very tight range, with the contract last -0-01 at

138-28, while yields sit 0.2-0.8bp richer across the curve. Familiar themes were

in play, as the region digested the latest round of polling, which favoured

Biden over Trump, and assessed the heightened COVID-19 worry in the U.S.

- JGB futures last sit +4, after recovering from session lows. Outperformance

evident in the short-end/belly of the curve, aided by the dynamics in the latest

round of BoJ Rinban ops. The BoJ left the size of its 1-5 Year Rinban ops as

was. The 1-3 Year bucket saw little movement in spreads as the offer/cover ratio

nudged higher, while the 3-5 Year ops saw a tightening in spreads vs. prev. ops,

as the offer/cover nudged lower.

- Aussie bonds had little to go off, with YM unch. and XM +0.5.