Little to report for core global FI....>

BOND SUMMARY: Little to report for core global FI in front of the long U.S.

holiday weekend, with participants perhaps cognisant of headline risk ahead of

that the implementation of the latest round of tariffs in the Sino-U.S. trade

war, which are set to go into play on Sunday.

- T-Notes last +0-03+ at 131-23+ after the contract ticked lower at the cash

re-open. Yields are marginally mixed across the curve. Eurodollar futures deal

0.25-1.0 tick higher through the reds.

- A quiet one thus far for Aussie paper ahead of next week's key local risk

events. YM -0.5 with XM -1.0, leaving YM/XM at 21.5. Bills deal 1-3 ticks lower

through the reds.

- JGB futures have edged away from the overnight lows, but are still 9 ticks

softer vs. settlement, with yields a touch higher across the curve. The BoJ will

conduct 1-10 Year Rinban ops in ~15 minutes time, with growing speculation re:

the possibility for an adjustment to the size of its 5-10 Year purchases.