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Core FI space has received a boost.....>

BOND SUMMARY
BOND SUMMARY: Core FI space has received a boost as U.S. Pres Trump announced a
30-day ban on all travel from Europe (excluding the UK), while his comments on
fiscal measures lacked any positive surprises. T-Notes sit +0-25+ at 138-06,
just off session highs. Yields trade 7.1-14.2bp lower in cash trade, with curve
flattening evident. Eurodollars last seen 2.0-5.5 ticks higher through the reds.
- JGB futures dropped in early trade, but recouped losses after Trump's address.
The contract last deals at 154.57, 19 ticks below settlement. Yields sit higher
across the curve. The MOF will auction 20-Year JGBs later today. Tokyo Gov Koike
downplayed the potential for the cancellation of the Tokyo 2020 Olympics.
- Aussie bond futures have gained on aforementioned comments from Trump; YM +1.5
& XM +3.25. Yield curve has twist steepened. Bills last seen unch. to -2 ticks
through the reds. The space showed a muted reaction to a presser with PM
Morrison & Treasurer Frydenberg, who unveiled a A$17.6bn fiscal spending package
to mitigate the impact of the Covid-19 epidemic on domestic economy. Morrison
will speak again after hours today.

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