Risk appetite revived somewhat,........>

BOND SUMMARY: Risk appetite revived somewhat, weighing on the FI space to some

degree, with major equity indices registering moving higher.

- T-Notes stuck to a tight range and last trade -0.02 at session lows of 122.29.

U.S. 10-Year cash Tsy yield last seen at 2.596%, with cash yields 0.6 to 1.1bp

higher across the curve. Eurodollar contracts are trading 0.5 to 1.0 tick lower

through the reds.

- JGB futures ebbed off of best levels, as the Nikkei 225 advanced, and last

trade at 152.81, 2 ticks above settlement. Cash yields trade 0.4bp lower to

0.3bp higher across the curve. Little in the way of immediate reaction was noted

upon the release of rather disappointing Japanese trade data. Elsewhere, the BoJ

left the sizes of its 1-5 Rinban ops unchanged vs. the previous operations.

- Aussie bond yields are trading 0.1bp lower to 0.4bp higher across the curve.

Both YMM9 and XMM9 are back to unchanged levels. Bills trade unch. to 1.0 tick

lower through the reds.