JGB futures continue to operate at best........>

JGBS: JGB futures continue to operate at best levels and last trade 33 ticks

above settlement, extending on the gains recorded in the final overnight session

of last week as Japanese markets return from the long weekend. The 5-10 Year

zone of the curve has outperformed in afternoon trade.

- There was little reaction to the latest round of local data releases.

Elsewhere, the BoJ left the size of its 1-5 Year Rinban ops unch., with the

cover ratios steady & the yield spreads moving further into negative territory,

which would have supported the shorter end of the curve.

- Participants now await an address from BoJ Governor Kuroda, due at the bottom

of the hour.