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Focus remained on central banks and....>

BOND SUMMARY
BOND SUMMARY: Focus remained on central banks and global trade matters.
Yesterday's announcement that U.S.-China trade talks will be resumed weighed on
core FI space, but dovish MonPol exp. pulled in the opposite direction. T-Notes
edged lower on trade optimism, last trade -0-02+ at 127-13+. Cash Tsy yields sit
a touch lower across the curve, while Eurodollar futures are last seen 0.25-1.5
tick lower through the reds.
- JGB futures last trades at 153.78, 25 ticks above settlement, aided by MonPol
easing bets. Cash yields declined across the curve, with super long-end
outperforming; 10-year yields last at -0.15%, hovering above the lower end of
the BoJ range set at -0.20%. Muted reaction to the latest Japanese trade data.
The BoJ left the size of its 10-25+ Year JGB purchases unch. vs. the prev. ops.
- Aussie bond yields are 1.9-2.9bp higher across the curve, with YM and XM both
2.5 ticks higher. Bills are trading unch. to 3 ticks higher through the reds.
Today's supply of the 1.50% 21 June 2031 Bond saw a lower cover ratio than the
prior auction.
- Bunds -0.19, Bobls -0.05, Schatz -0.005; focus remains on the ECB forum.

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