Core FI have been range-bound thus.....>

BOND SUMMARY: Core FI have been range-bound thus far, amid a market holiday in

the U.S. due to the national Independence Day. There have been no major data

releases so far, while news wires have stayed relatively quiet.

- T-Notes last trade unch. at 128-08, while cash Tsys are closed due to the

aforementioned national holiday. Eurodollars are trading 1.0 tick lower to 1.0

tick higher through the reds.

- JGB futures last seen at 153.90, 4 ticks below settlement. Little reaction

noted to the positive open from the Nikkei 225, but it may have helped drag JGBs

off of highs. Cash yield curve has twist flattened a touch, ahead of the 30-Year

supply due later today.

- Australian YM last trades 2.0 ticks lower, with XM 1.5 tick lower, while

Aussie bond yields are trading 1.2bp to 1.9bp higher across the curve, with some

modest bear flattening apparent. Bills last seen 1-3 ticks lower through the

reds. Focus falls on Aussie retail sales and job vacancies data, due later

today.