Core FI stick to relatively narrow.....>

BOND SUMMARY: Core FI stick to relatively narrow ranges as participants are on

the lookout for fresh headlines from the Sino-U.S. front & continue to assess

the coronavirus situation. Risk appetite has shown signs of recovery, with U.S.

equity index futures ticking higher.

- T-Notes trade -0-04 at 139-00, with some bear steepening seen in cash trade.

Yields trade +0.2bp to +1.8bp across the curve. Eurodollars last trade 0.5-1.0

tick lower through the reds.

- JGB futures last trade +3 ticks at 152.33 and cash yields sit lower across the

curve. There's an auction of 2-Year JGBs coming up today.

- In Australia, YM & XM are unch. Yields sit slightly higher across the curve in

cash trade. Bills trade unch. to -1 tick through the reds. The RBA continued to

skip its asset purchases, while Australian capex fell less than expected in Q1.

Little to move the needle in the latest address from RBA Gov Lowe.