The 10-Year JGB was poised to open Tokyo at....>

JGBS: The 10-Year JGB was poised to open Tokyo at 150.36, dipping 2 ticks to

150.34 on the open, last at 150.35. 

- Coming into the overnight session the 10-Year took a bid to 150.39 but hovered

between 150.31 and 150.36 for the rest of the session, flatter with Tsy's as

markets await President Trump's decision on the next Fed chair and coming down

from gains seen on yesterday's session post election victory for Japanese Prime

Minister Abe.

- Yields are mostly down across the curve within tight ranges especially on the

long end ahead of the Auction for Enhanced liquidity of 20, 30 and 40-Year

Issues. Barclays Opening Call: "Today could see buyers continue to take a slight

upper hand around the long end while the liquidity enhancement auction for

15.5-39y issues clears smoothly. Amid growing expectations for current monetary

policy to remain intact for longer, we believe investors will start to feel more

comfortable about buying."

- Today also sees Japan Manufacturing PMI at 0130BST/0930JST and Japan

Supermarket sales at 0600JST/1400JST.