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Little to pen for the core FI space,...>

BOND SUMMARY
BOND SUMMARY: Little to pen for the core FI space, price action has been rather
subdued so far. Focus remains on the Sino-U.S. trade talks, which resume in
Shanghai after a hiatus lasting since May, as well as central bank action. The
BoJ's decision on monetary policy is expected today and will be accompanied by
the Bank's Outlook Report.
- T-Notes are range-bound, last trade -0-03 at 127-11+. Cash Tsy yields sit
slightly lower across the curve. Eurodollar contracts last seen unch. to 0.5
tick lower through the reds.
- JGB futures last trades at 153.75, 6 ticks above settlement. JGB yields trade
marginally lower across the curve. Lower than expected Japanese unemployment and
pretty grim flash industrial production data provoked little reaction. Main
focus is on the BoJ's decision, their Outlook Report & presser with Gov Kuroda.
- In Australia, YM and XM trade 0.5 tick higher each. Aussie bond yields trade
slightly lower. Bills sit 1 tick lower to 1 tick higher through the reds.

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