Little to note on the headline front...>

BOND SUMMARY: Little to note on the headline front in Asia, but continued

Sino-U.S. sabre rattling and Wednesday's negative lead from Wall St. saw the

curve bull flatten (lightly) in Asia-Pac hours, with T-Notes holding a tight

range. T-Notes last -0-01 at 139-08+, with cash yields unchanged to 1.5bp richer

across the curve.

- Aussie bond futures built on their SYCOM flattening bias, as the impact of

yesterday's huge syndication was unwound and the headline numbers from the

latest labour market report were blurred by statistical matters that proved to

be very sobering. YM unchanged, XM +5.5.

- JGBs saw outperformance in the 20-30 Year zone of the curve for most of the

session, with a fairly average round 30-Year supply seen in the midst of the

previously flagged supply deluge. BoJ Governor Kuroda added little new to the

policy debate today. JGB futures unchanged at typing.