Core FI Stable, Await Chinese Data

T-Notes crept higher to 132-16 before ticking away from there and last trade -0-07+ at 132-13+. Some very marginal curve flattening has materialised in the cash space. Eurodollar futures trade unch. to -2.0 ticks through the reds. There has been little in the way of notable news flow in the NY/Asia crossover. China's GDP & economic activity data provide the main point of note going forward.

• JGB futures have extended their pullback from overnight highs and last change hands at 151.42, 8 ticks above Thursday's settlement. Cash JGB yields sit a touch lower across the curve. Japan's economic docket features little of note today.
• Australian YM trades +0.5, with XM +5.5 as we type. Cash ACGB curve runs flatter, yields sit +0.2bp to -5.2bp. Bills show little deviation from neutral levels, last trade -1 to +1 tick through the reds. Focus turns to the AOFM's weekly issuance slate.