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T-Notes are off to a slow start and last trade unch. at 132-13+ as the dust has settled after Tuesday's widely circulated comments from U.S. Tsy Sec Yellen. Eurodollars are little changed through the reds. Cash Tsys remain closed, as Japanese markets are shut for the final day of its Golden Week. Continued market closure in China & South Korea further limit activity in the region.
- Cash ACGB curve has bull flattened at the margin, digesting impetus from the U.S. Tsy space. YM trades unch. & XM sits +1.5, both stick to tight ranges. Bills last seen unch. to 1 tick lower through the reds. Australia's final Markit Services PMI was revised to 58.8 from 58.6 and focus moves to building approvals, comments from RBA Dep Gov Debelle & ACGB 1.0% 21 Nov '31 supply.