JGB's are currently flat, JGB's caught a.......>

JGBS: JGB's are currently flat, JGB's caught a slight bid at the start of

Monday's Asia-Pac session just before purchasing operations were announced and

after Trump announced he will inflict a travel ban on N. Korea, over the weekend

Kim Jong-Un said an attack on the U.S is now inevitable. The threat has so far

remained a threat. But nonetheless the JGB 10-Year only sits 1 tick down on the

session at 150.84.

- Lots of talks in Japan as President Abe to speak from 0745/1645JST where a

snap election announcement is on the cards, BOJ's Kuroda spoke at 1400JST and

the cabinet office is set to release September's monthly economic report too. 

- Mixed on the yield curve coming out of Asia, 3-Year down 0.5bp 10-Year up

0.1bp

- The Nikkei 225 has remained positive throughout the session, Nikkei

manufacturing PMI figures came in strong, suggesting the local economy is

getting stronger, paired with other strong data last week with better than

surveyed figures out for imports and exports. The Nikkei was powered by data and

this in contrast contributed to a gradual downside in JGB's.