Core FI space has firmed up as.........>

BOND SUMMARY: Core FI space has firmed up as markets received the lack of

clarity re: a fiscal package from the Trump administration with disappointment,

while continued spread of the novel coronavirus remains a source of worry.

T-Notes trade +0-17 at 138-05, just off highs. Yields sit 6.9-12.2bp lower

across the curve. Eurodollars last seen -0.5 to +1.5 tick through the reds.

Early "Mini-Tuesday" results have favoured Joe Biden, who is deemed a more

mkt-friendly candidate, briefly applying a modicum of pressure to T-Notes.

- JGB futures have crept higher & last trade at 154.55, +16 ticks vs.

settlement. Belly of the cash yield curve remains somewhat limited, even as the

BoJ left the size of its 5-10 Year JGB purchases unchanged today.

- Aussie bond futures operate near session highs; YM +6.0 & XM +7.5. Yields

trade 3.7-7.5bp lower in cash trade. Bills last seen unch. to 6 pips higher

through the reds. An auction of ACGB 1.50% 21 June 2031 was less than inspiring,

while Australia's housing finance data topped exp., but broader cross-currents

have taken centre stage. Local Westpac Consumer Confidence Survey was rather

underwhelming, but provoked little response in the space.