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Morgan Stanley has the following Aisa-Pac.....>

BONDS
BONDS: Morgan Stanley has the following Aisa-Pac month-end bond index extensions
advanced estimates:
- Japan: 1y+ JGB index to extend by 0.175y in August, significantly higher than
an average month's extension range of ~0.02-0.06y.
* Note: JBU7 last trading day 12 Sept
- Australia: 1y+ ACGB index to extend by 0.015y in August, lower than average
August extension of 0.11y and an average month's extension of 0.07y.
* Note: YMU7 and XMU7 last trading day 15 Sept
- New Zealand: 1y+ NZGB index to extend by 0.024y in August, in line with an
average August and an average month's extension of 0.026y.

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