Core global FI markets have been.......>

BOND SUMMARY: Core global FI markets have been supported by U.S. President

Trump's latest trade-related tweet storm. Subsequent headlines suggesting that

China may pull out of the impending Washington based trade talks & news of a

U.S. bomber task force being deployed to act as a deterrent to Iran further

underscored demand. As did weekend headlines which revealed that North Korea

conducted its latest round of missile testing. T-Notes continue to trade

comfortably higher, albeit back from best levels. Cash Tsy markets are closed in

Asia-Pac hours owing to a Japanese holiday, while a UK holiday will keep the

space closed during the London morning. T-Notes last sit 19 ticks higher on the

day at 123.30. Eurodollar futures trade 2.0-9.5 ticks higher on the day.

- Aussie bond futures tracked Tsys, with 3- & 10-Year yields registering fresh

record lows ahead of tomorrow's RBA MonPol decision. YM last +4.0 ticks, with XM

+5.5 ticks. YM/XM trades at 52.0, with the cash equivalent at 48.8bp. Bills

trade 1-3 ticks higher through the reds.

- German FI has followed the global impetus Schatz +1.5 ticks, Bobls +13.0

ticks, Bunds +40 ticks.