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Marginally Richer

US TSYS

Cash Tsys have opened dealing 1-2bp richer across the major benchmarks. Local participants are perhaps looking to yesterday's softer than expected U.S. data and the previously mentioned dovish BBG ECB source piece, with a modest uptick in JGB futures also helping. TYH3 deals 114-22, +0-00+, at the top of its narrow 0-04 range.

  • The BOJ monetary policy decision remains the highlight today, the last 5 decisions have been published between 0300GMT/0400GMT (1100HKT/1200HKT).

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