Quiet so far, with little new in.......>

BOND SUMMARY: Quiet so far, with little new in terms of headlines and local data

releases. Equity markets in Japan and Australia are a little stronger, in the

wake of a positive session on Wall St. Japanese Trade Min Motegi held talks with

his U.S. counterpart Lighthizer, pledged to speed up progress. Elsewhere, North

Korea condemned U.S. & South Korean military activity, but stressed its

commitment to "dialogue and negotiation." T-Notes trade -0-01+ at 130-15+, off

the session low at 130-13+. Cash Tsy yields are broadly lower, albeit only

marginally. Eurodollars are unch. to -0.5 tick through the reds.

- JGB futures have climbed somewhat, last trade 1 tick above settlement at

154.94. Cash yields oscillate around neutral levels. Little reaction noted to

the release of flash Jibun Bank PMIs (better than the prior readings). A

liquidity enhancement auction for 5-15.5 Year JGBs headlines the docket today.

- Aussie bond futures sit slightly lower, defying disappointing flash local PMI

readings from CBA; YM - 2.5 ticks, XM -1.5 ticks. Aussie bond yields trade

1.6-2.6bp higher across the curve, which runs a touch flatter. Bills last seen

unch. to 4 ticks lower through the reds.