Core FI markets lacked any real........>

BOND SUMMARY: Core FI markets lacked any real conviction in the first Asia-Pac

session of the week, as the aforementioned risk matters (COVID-19 worry,

geopolitical tension and headwinds for the U.S. tech sector) failed to

facilitate a convincing push through Friday's session highs across the major

contracts. T-Notes last trade -0-00+ at 139-06+, with yields sitting a mere

0.2-0.7bp richer across the curve in cash trade. Downside focus caught the eye

on the flow side, with 10.0K of the TYU0 138.50/137.50 put spread being lifted

on screen at 0-16, as well as some activity in the TYQ0 136.50 puts, as paper

paid 0-03 on 3.5K.

- JGB futures had a look higher, before fading back as e-minis moved away from

worst levels, last +2 on the day, with the cash curve twist steepening. On the

supply side Indonesia announced a multi tranche round of samurai issuance

covering 3-, 5-, 7-, 10- & 20-Year JPY paper.

- Aussie bond futures followed the broader ebb and flow, YM last unch, XM -0.5.

Little to note on the local front, outside of the Sino-Australian tensions and

COVID-19 issues.