Core FI confined in early Asia.........>

BOND SUMMARY: Core FI confined in early Asia trade, outside of Tsys regaining

some poise after their late U.S. Tsy Sec Mnuchin-inspired dip on Wednesday. As a

reminder Mnuchin that the issuance of ultra-long bonds is under "very serious

consideration." N.B. This comes after the recent announcement of a broad

outreach programme on the matter. T-Notes last +0-03 at 131-14+, with light bull

flattening evident on the curve. Flow has been dominated by roll activity thus

far. Eurodollar futures +1.0-1.5 ticks through the reds.

- Aus Bonds are very limited, with YM & XM at unchanged levels ahead of Q2 CapEx

data. Bills unchanged to 1 tick lower through the reds.

- JGB futures +6 ticks vs. settlement, roughly in the middle of yesterday's

range, with yields little changed across the curve. Comments from BoJ's Suzuki

headline the local docket today with 2-Year supply also due.