Familiar themes of coronavirus fears...>

BOND SUMMARY: Familiar themes of coronavirus fears and global trade have have

provided some interest in early trade, with China's National Health Commission

set to hold a press briefing shortly, per a CNBC reporter. T-Notes last trade

-0-02 at 129-16+, with cash yields sitting unch. to 0.5bp higher across the

curve. Eurodollar futures trade unch. to +1.5 ticks through the reds.

- JGB futures trade flat at 152.14. Yields generally sit marginally lower across

the curve. The highlight in Japan today is an enhanced liquidity auction for off

the run JGBs with 5-15.5 Years until maturity.

- Aussie bond futures have edged higher; YM +4.5 & XM +5.0. Yields sit 4.1-5.3bp

lower, curve has flattened. Bills sit 1-5 ticks higher on the day. An AFR piece

suggesting that the AOFM is preparing contingency plans in case the RBA chooses

to launch a QE programme has been doing rounds. Elsewhere, Australia sold

A$3.5bn worth of the new ACGB 1.25% 21 May 2032 Bond. In local data, Westpac

Consumer Confidence Index fell further, while skilled vacancies edged higher.