JGB futures have moved higher in early.........>

JGBS: JGB futures have moved higher in early dealing, in sympathy with the

broader risk appetite trends observed since the onset of the NY afternoon on

Thursday, which has allowed the yield curve to flatten.

- JGB futures have now breached Monday's high, as well as the 50-DMA (150.25),

with bulls looking for a close above to turn attention to the 150.38 Fib level.

149.95 remains the base for JGB futures for now.

- The Nikkei 225 trades some 1.7% lower in early dealing, which has leant

further support.

- The space discounted the latest round of local CPI data, which was virtually

in line with exp.

- Participants now look to 10-25+ Year BOJ Rinban operations & a speech from BOJ

Gov. Kuroda.