JGB futures shed 11 ticks in the final.........>

JGBS: JGB futures shed 11 ticks in the final overnight session of last week,

with the Fed's latest Tsy purchase trimming & fresh late bid in U.S. equity

markets applying pressure into the close of that session.

- Weekend focus continued to fall on COVID-19 matters, and the capability of

Japan's hospital system re: dealing with the virus (triggering deeper

disbursements from the health ministry).

- Worth flagging a piece from the Nikkei, as the outlet noted "hundreds of

thousands of Japan's temporary workers could be terminated at the end of May as

businesses hit by the pandemic move to shrink payrolls, causing an unemployment

crisis far bigger than the one after the 2008 Lehman shock." This is obviously

not too dissimilar from what we have seen on a global basis over the last month

or so.

- Limited local docket apparent today.