Little to write home at this point.....>

BOND SUMMARY: Little to write home at this point in the Asia-Pac session, with

market closures in China, Japan and South Korea limiting activity. Headline flow

has been very light this morning. The dynamic observed in late NY hours has

carried over into Asia, with U.S. equity index futures creeping higher. Core FI

have held tight ranges.

- T-Notes trade -0-02+ at 138-28+, with cash Tsys closed. Eurodollar futures sit

0.5-1.0 tick lower through the reds.

- Turning to Australia, YM unch. & XM -1.5 as we type. Curve runs steeper in

cash trade, with yields sitting 0.2-1.6bp higher. Bills last seen unch. to -1

tick through the reds. Final CBA services/composite PMIs and the AiG PCI print

came in on the softer side, although the weekly consumer confidence reading from

ANZ-Roy Morgan edged higher. The focus turns to a monetary policy decision from

the RBA, due later in the day.