T-Notes last deal +0.01+ at 123.19+,...>

BOND SUMMARY: T-Notes last deal +0.01+ at 123.19+, with U.S. cash Tsy yields

trading unch. to 0.4bp lower across the curve. Eurodollar contracts last seen

unch. to 0.5 tick lower through the reds.

- JGB futures edged higher post-lunch as the Nikkei 225 ebbed off of highs, but

still sit 3 ticks shy of settlement levels, last at 152.90. Cash yields are

trading 0.1bp lower to 0.6bp higher across the curve. Worth noting the BoJ left

all sizes of today's 1-5 & 5-25+ Rinban ops unchanged vs. the prev. operations.

Also today, Japan sold Y4.4883tn of its 3-Month Bills, attracting the cover

ratio of 3.186x.

- Aussie bonds jumped only to ease off of highs after the RBA's semi-annual

Financial Stability Review pointed to the resilience of Australian financial

system, albeit noting "greater downside risks." Cash yields last seen 1.4-2.6bp

higher across the curve. YM last deals 1.0 tick lower at 98.590, with XM sitting

3.0 ticks lower at 98.105, while YM/XM last seen a touch higher at 48.00. Bills

are trading unch. to 2 ticks higher through the reds.

- Bunds trade -0.04 at 165.54, Bobls -0.01 at 132.99, Schatz unch. at 111.920.