Futures softened overnight but closed off......>

JGBS: Futures softened overnight but closed off worst levels, aided by an uptick

in U.S. Tsys, -11 ticks vs. the Tokyo settlement come the end of the session.

- BoJ Governor Kuroda's press conference may have applied some light pressure to

futures as he said that he had "no big issue" with the current shape of the

yield curve, opining that there was no need to change the target rate from the

10-Year yield sector to a shorter maturity (on the back of the IMF suggestions).

Although he left the option for changes in the future.

- He also said that it would not be strange if the curve steepened a little,

which was more restrained than his interview with the Nikkei, back in September.

- National CPI & a liquidity enhancement auction for 5-15.5 Year off the run

JGBs headline today's local docket.