Core FI futures have respected.........>

BOND SUMMARY: Core FI futures have respected familiar ranges so far, as Asia-Pac

data docket is particularly light today. The space picked up a bid, albeit a

small & short-lived one, as APRA released a strengthened prudential standard to

limit contagion risk within banking groups. Elsewhere, NHK reported that the

upcoming G7 summit may wrap up without a joint communique, due to persistent

fractures over trade and climate issues.

- T-Notes are back to unchanged, sit at 130-14 at typing. Cash Tsy yields trade

1.2-1.8bp lower across the curve. Eurodollar contracts last seen unch. to 1.0

tick better off through the reds. Speaking before hours, Fed's Rosengren said he

needs more signals of a slowdown to consider further policy easing warranted.

- JGB futures have round tripped from a session high of 154.83 and last trade at

154.79, 6 ticks lower vs. settlement. Cash yield curve runs slightly steeper.

20-Year JGB supply headlines today's docket.

- In Australia, YM trades -0.5 tick, with XM -2.5 ticks. Aussie bond yields sit

0.3-2.4bp higher across the curve, with bull steepening evident. Bills last seen

unch. to -1 tick through the reds.