It has been a bit of a nothing.........>

BOND SUMMARY: It has been a bit of a nothing session for the core FI space

during Asia-Pac hours, with nothing in the way of notable headline flow observed

and markets seemingly side-lined ahead of the weekend.

- T-Notes +0-02+ after sticking to a 0-03 tick range, with yields 0.6-1.7bp

richer. Eurodollar futures 0.5-1.5 ticks higher through the reds.

- Aussie Bond futures have traded in a sideward fashion, YM +2.5, XM +3.0,

leaving YM/XM at 35.5. Bills unchanged to 4.0 ticks higher through the reds.

- JGB futures have stuck to a familiar range, last -8 vs. settlement. The curve

has twist flattened, perhaps facilitated by the latest round of source reports

(released in the European morning on Thursday), which seemingly aimed to push

back against expectations of imminent easing from the BoJ, and may have applied

some light pressure to the shorter end of the Japanese curve.