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Core FI continue to trade within.......>

BOND SUMMARY
BOND SUMMARY: Core FI continue to trade within tight ranges. Modest pressure has
been applied by firmer equity markets in the region. The NY/Asia crossover saw
headlines stating that Democrats & Republicans have struck a deal re: the debt
ceiling, which must now be voted on in Congress. Elsewhere, RTRS reported that
U.S. Pres Trump met with top tech execs to discuss matters surrounding Huawei,
with the President reportedly agreeing to a request for timely licencing
decision re: sales to Huawei. T-Notes have inched lower after the Tokyo equity
open and last trade -0-03+ at 127-15+. Cash Tsy yield curve has bear flattened a
tad. Eurodollars last seen 1.5-3.0 ticks lower through the reds.
- JGB futures last trade 6 ticks above settlement at 153.67, slightly off
session highs. JGB yields set marginally lower across the curve. 40-Year JGB
supply headlines the Japanese docket today.
- In Australia, YM & XM have eased off, but still trade 0.5 and 2.0 ticks higher
on the day respectively. Aussie yield curve runs flatter. Bills trade unch. to 2
ticks lower. RBA Assistant Governor spoke earlier today, stating that the RBA is
"a long way from" resorting to QE and very unlikely to do so.

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