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It has been relatively quiet on the....>

BOND SUMMARY
BOND SUMMARY: It has been relatively quiet on the news front, with participants
digesting reports on Sino-U.S. tensions. U.S. equity index futures crept higher
and continue to operate in the green. T-Notes hold a tight range and last trade
-0-01+ at 139-09. Yields are marginally mixed in cash trade. Eurodollars last
seen unch. to 0.5 tick higher through the reds.
- JGB futures have trimmed losses and last sit at 152.30, near settlement.
Yields are marginally mixed across the curve, with 5-Year JGB supply coming up
later today. Flash Japanese Q1 GDP data was less bad than expected.
- Turning to Australia, YM -0.5 & XM -1.0. Curve runs slightly steeper, yields
sit a tad higher in cash trade. Bills last seen unch. to -2 ticks through the
reds. Little of note in the previously mentioned ABS survey. Elsewhere, the RBA
didn't offer to but ACGBs today, while the AOFM auctioned A$1.0bn worth of ACGB
2.25% 21 May 2028.

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