Coronavirus news has lifted core FI....>

BOND SUMMARY: Coronavirus news has lifted core FI a little, as Japan confirmed

41 cases of the disease at the cruise ship anchored in Yokohama. There are

~3,700 crew & passengers aboard. One passenger has been said to be in a serious

condition.

- T-Notes last trade +0-02 at 130-20. Yields last seen 0.8-1.0bp lower in cash

trade. Eurodollar futures sit 0.5-1.0 tick higher through the reds. Fed Vice

Chair Quarles assessed the current MonPol stance as appropriate.

- JGB futures trade at 152.55, 14 ticks above settlement. Yield curve has bull

flattened. Little reaction seen to the local earnings/ spending data & a round

of 1-10 Year JGB Rinban ops, during which the BoJ left all purchase sizes unch. 

- Turning to Oz, YM trades +4.0 & XM +4.0 at typing. Cash yields sit 3.9-4.2bp

lower across the curve. Bills 1-6 ticks higher through the reds. RBA Gov Lowe

has wrapped up his semi-annual parliamentary testimony, but provided little new.

The AOFM released weekly issuance schedule, summarised in an earlier bullet.