It has been a very subdued session.....>

BOND SUMMARY: It has been a very subdued session so far, with little of note in

terms of data releases or fresh news flow. The focus is on familiar coronavirus

& oil dynamics. T-Notes last trade -0-01 at 139-11+. Yields sit marginally shy

of neutral levels. Eurodollars last seen unch. to +1.0 tick through the reds.

- JGB futures last trade at 152.35, 25 ticks above settlement, having crept

higher as the Nikkei 225 struggles on a negative lead from Wall Street. Cash

trade sees yields sit lower across the curve. The BoJ left purchase sizes

unchanged during today's round of 3-10 Year Rinban ops.

- Aussie bond futures meander, YM unch. & XM +1.0 as we type. The space has

shrugged off the release of preliminary retail sales out of Oz. Curve runs

flatter and yields sit lower in cash trade. Bills sit unch. to +1 tick through

the reds. The AOFM auctioned A$1.5bn worth of ACGB 2.50% 21 May 2030. Elsewhere,

the RBA offered to buy A$1.0bn worth of semis with maturities of Jan '22 to Dec

'25 during its YCC ops.