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News flow has been very thin in the early.....>

BONDS
BONDS: News flow has been very thin in the early part of today's Asia-Pac
session, and price action was limited across the FI space.
- T-Notes stuck to a tight range before technical issues resulted in the closure
of CME products. CME Group has "identified the technical issue and is working to
resolve it. When the iLink gateways are restarted they will be in the normal
primary/backup configuration" and will publish the pre-open and opening times
shortly. Cash yields are unchanged to a little lower.
- JGB futures have edged higher, finishing the morning session at 152.88. This
came after the BoJ left the sizes of its 1-10 Rinban ops unch. JGB yields from
7-Years out have edged higher this morning, while shorter dated yields have
ticked lower, promoting some twist steepening. BoJ's Katoaka offered little new
in his latest address, maintaining his line of dissent re: BoJ MonPol.
- Aussie bond yields eased off, after the release of soft domestic construction
data, which printed at -3.1% vs. exp. of +0.5%. A positive NY session for Tsys
also helped the bid. YM trades +3.5 ticks at writing, with XM +3.0 ticks. YM/XM
is unchanged unch. Bills trade unch.-2 ticks higher through the reds.

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