The 10-Year JGB opened Tokyo on Monday at......>

JGBS: The 10-Year JGB opened Tokyo on Monday at 150.23 instantly dipping 2 ticks

and further rallying to close at 150.36 following Abe's success gaining a

majority in the snap election and strong Coincident Index figures. 

- JGB's moved lower on the overnight alongside Tsys, weaker. Treasuries ended

Fri lower amid Fed Chair speculation and Thursday GOP-led Senate passage of

fiscal 2018 budget which spurred tax reform hopes. 

- Japanese Prime Minister Abe earlier in the year called a snap election feeling

support from the nation on his poise during the N. Korea Crisis. Japanese Yen

hit three month lows following the news he was victorious which paves way for

more super easy monetary policy in Abe's 'Abenomics.' Japan's ruling coalition

retained a majority and based on exit polls from public broadcaster NHK and

other media, as the opposition was fragmented and voters preferred the status

quo of lukewarm economic recovery and no drastic structural reforms. Stormy

weather in much of the country is believed to have led to a low voter turnout,

making it easier for incumbents to win votes.