JGB futures went in to the lunch break 5......>

BONDS: JGB futures went in to the lunch break 5 ticks lower at 150.58 operating

in a narrow range, with the cash space subject to very modest steepening as the

BoJ left the size of its Rinban operations unchanged in the 1-10 year buckets.

BoJ Governor Kuroda reiterated that the current monetary policy stance is

appropriate for achieving the Bank's 2% inflation goal, while Japan's Finance

Minister Taro Aso noted that the recent move in the JPY did not warrant

government intervention.

- In Australia, the bill curve consolidated around the levels seen on SYCOM,

while the AU/US 10-Year spread narrowed to 1.3bp at the time of writing as US

10-Year benchmark yields hovered around 2.92%, as Australia's 10-Year bond

future traded within a 3.5 tick range, struggling for direction in the wake of

the latest Aussie labour market report.