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Core FI trade slightly higher, cued....>

BOND SUMMARY
BOND SUMMARY: Core FI trade slightly higher, cued by yesterday's reaction to the
dovish accents in Fed Chair Powell's post-MonPol presser. Wuhan virus concerns
are likely lending some support as well, amid little in the way of potential
catalysts elsewhere. T-Notes challenged the Jan 28 high of 131-06, but have
eased off since and last trade +0-04+ at 131-05. Yields sit marginally lower
across the curve. Eurodollars trade up to +1.5 tick through the reds.
- JGB futures last seen at 152.67, +14 ticks vs. settlement. The contract tested
recent highs at 152.70, but failed to penetrate the level. JGB yields are a
touch lower in cash trade, with some curve flattening apparent. An address from
BoJ Dep Gov Amamiya and 2-Year JGB supply headline the local docket today.
- Australian YM trades +5.0 ticks with XM last seen +5.5. Yield curve has bull
flattened, with yields sitting 4.4-60bp lower. Bills trade 1-5 ticks higher
through the reds. Australian import price index topped exp., while the export
counterpart was inline. Elsewhere, NAB pushed back their RBA easing call.

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