JGB futures stuck to a narrow range in.........>

JGBS: JGB futures stuck to a narrow range in overnight trade, with liquidity

sapped as a result of the U.S. holiday, finishing the session at unchanged

levels.

- Increased worry surrounding the Coronavirus continues to reverberate

domestically as cases aboard the Diamond Princess grow, triggering further

international evacuations for passengers aboard the vessel. Elsewhere, entry

into the Tokyo Marathon has been restricted to elite athletes only, the

Emperor's birthday celebrations have been cancelled and economists remain wary

re: threat of a recession in the wake of yesterday's GDP data and the impact of

the Coronavirus on the economy.

- Re: Coronavirus, there has also been some focus on a taxi driver party that

was held in mid-January, which may have promoted some of the spread of the virus

(granted domestic cases are much lower than seen in China, particularly when

numbers aboard the Diamond Princess are excluded).

- 5-Year supply headlines the local docket today.