JGBs were largely unchanged on Friday,.........>

JGBS: JGBs were largely unchanged on Friday, although futures edged higher after

cash hours.  

- The latest round of BoJ Rinban operations cleared smoothly, which saw dip

buyers emerge.

- Barclays suggest that "today could see buyers take the upper hand around the

long end following the heavy buying in US and European bonds at the end of last

week, but any upside may be limited on an improvement in risk sentiment during

morning hours in Tokyo after the US and China released a joint statement on

Saturday "putting the trade war on hold," according to US Treasury Secretary

Mnuchin. They expect "the uptrend in JGB yields to take a breather on brisk

investor demand as the busy auction scheduled winds down."