Core FI have retraced an earlier.......>

BOND SUMMARY: Core FI have retraced an earlier risk-off bounce with participants

paying close attention to the coronavirus situation. China has been using

monetary & fiscal measures to limit the economic fallout, while the Global Times

tweeted that the spread of the virus appears to be slowing down. Elsewhere,

Chinese CPI topped exp. & printed at multi-year highs.

- T-Notes trade -0-02 at 131-00. Yields are little changed across the curve.

Eurodollars last seen -0.5 to +0.5 tick through the reds.

- JGB futures finished the morning session at 152.75, 12 ticks above settlement.

Cash yields sit lower across the curve, which runs flatter at typing. During

today's 10-25+ Year JGB Rinban ops, the BoJ upped the size of 10-25 Year paper

purchases. It was the first round of operations covering these maturities since

monthly number of purchases of the buckets were cut to 2 from 3; if current

sizes remain unchanged at the next auction, the BoJ will buy Y240bn worth of

JGBs in the bucket in total this month vs. Y300bn last month.

- In Australia, YM +2.5 & XM +3.0. Yields trade 1.8-3.2bp lower across the

curve. Bills last seen unch. to +3 ticks through the reds.