T-Notes +0-02 at 139-22, after.........>

BOND SUMMARY: T-Notes +0-02 at 139-22, after touching resistance at 139-22+,

which represents the Jul 10/23 highs & 0.618 proj. of the Jun 5-11 rally from

the Jun 16 low. General liquidity was limited owing to the Japanese holiday,

which means that cash Tsy markets are closed until the London open. China moved

to shutter the U.S. consulate in Chengdu, as opposed to the worst case scenario,

which would have been the closure of the U.S. consulate in Hong Kong. Elsewhere,

local fiscal matters continue to catch attention, with the GOP set to outline

its latest round of proposed COVID-19 relief measures on Monday.

- JGBs were closed owing to the aforementioned Japanese holiday.

- Aussie bond futures held to familiar ranges, with YM unch. and XM +0.5. The

AOFM announced its weekly issuance schedule, and there will be no coupon

issuance via standard tender next week, making plenty of room for the

syndication of the new ACGB '51.