JGB's seeing heavy buying in the belly, the....>

JGBS: JGB's seeing heavy buying in the belly, the on the run 7-Year (#335) which

is currently the CTD 10-Year JGB future has seen heavy buying, yield down 0.9bp

at -0.062%, the 10-Year yield last down 0.7bp at 0.028% and briefly touched the

lowest level since May 8 at 0.025%.

- Futures are bid, last up 7 ticks at 150.84, just off a session high of 150.87,

this is the highest since May 8, the YTD high is at 151.19.

- The move higher comes on the back of overnight buying in US tsys after Trump's

government shut down comments. The strong performance of the liquidity

enhancement auction also providing a bid to the sector.