JGBs finished the session at 150.90.....>

JGB SUMMARY: JGBs finished the session at 150.90 (+5 ticks), with the cash curve

reversing the bulk of its flattening in the afternoon session. Swap spreads were

tighter across the curve.

- The longer end gave up most of its gains after the Nikkei 225 moved higher in

afternoon dealing.

- The pull back from session highs took place in spite of supportive results

from the BoJ's latest round of Rinban ops covering the 5-25+ year buckets.

- From a technical perspective futures' topside failures last week left the

contract looking heavy and focus back on 150.64-72 where 55 & 200-DMAs are

noted. Bears look for a close below the 200-DMA (150.63) to hint at a move back

to 2018 lows with below 150.55 to add weight to their case. To the upside the

150.99-151.06 resistance region is key this week