The 10-Year JGB opened Tokyo at 150.39 and.....>

JGBS: The 10-Year JGB opened Tokyo at 150.39 and was last at 150.40.

- Overnight the JGB slipped alongside US Tsys on technical selling, firmer

US$/yen and black box sales in Tsy intermediates, then later dip buying and

consolidation, and 5/30Y flattening too. 

- Barclays Opening Call: In terms of Yields 'Today could see sellers continue to

take a slight upper hand in the short/medium-term sectors ahead of the 5y

auction (tomorrow), while the long end trades in a range overall after USTs

showed little change overnight. The BoJ is scheduled to hold buying operations

for 10y+'

- BOJ Sakurai is set to make a speech at 0230BST/1030JST.

- Yields are currently down across the curve, the 1-Year yield last down 1.6bp

ahead of the Bill auction scheduled for 0435BST/1235