Core global bonds have continued to....>

BOND SUMMARY: Core global bonds have continued to edge lower after the downtick

that was observed late Wednesday, although a negative start for Asia-Pacific

equity indices has kept the space in check.

- T-Notes last -0-07+ at 125-12+, with 10-Year cash Tsy yields last at 2.257%.

FVN9 116.00 puts have been in demand once again during early Asia hours.

Eurodollar futures trade unchanged to 4.5 ticks lower across the reds.

- Aussie bond futures have edged lower, after softening on SYCOM. YM last -4.0

ticks, with XM -5.0 ticks. YM/XM deals at 41.0 ticks, with the cash equivalent

at 38.7bp. A market source highlighted some interest in YM/XM curve longs at

41.0 ticks after it registered a low of 39.5 on SYCOM. Bills trade 2-5 ticks

lower through the reds.

- JGBs are unwinding some of the recent curve flattening, while futures last

trade 11 ticks lower than settlement.

- German FI futures have tracked the remainder of the core global FI space.

Schatz last -1.0 tick, Bobls -5.0 ticks, Bunds -16 ticks.