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Global bonds are down to begin US......>

BOND SUMMARY
BOND SUMMARY: Global bonds are down to begin US nonfarm payrolls Friday.
- Active bond futures are weaker across the board: US T-Note Dec18 future is
down 1.5/32 at 117-260, Gilt future is down 33 ticks at 119.85 (10-Yr yield
touched highest levels since Jan 2016), Bund future is down 28 ticks at 157.76.
- However, all are off day`s lows.
- JGB futures off 3 ticks at 150.06. BOJ still stands ready to curb higher
yields through bond buying ops if the rise is deemed too rapid, MNI understands.
- Global rate futures are under pressure, with Short Sterling down most, as
optimism over a Brexit deal being reached in the near-term is seen rising:
Dec20-Sep21 Green contracts are particularly weak, off 6 ticks.
- Strong August factory orders for Germany this morning, but main event is at
1230GMT, which sees nonfarm payrolls and international trade data, followed by
U.S. consumer credit at 1400GMT.
- Nonfarm payrolls are forecast to rise by 182,000 in September after a
stronger-than-expected 201,000 rise in August.

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