The Asia-Pacific session has been......>

BOND SUMMARY: The Asia-Pacific session has been very slow thus far. News wires

have stayed relatively quiet, which has translated into subdued price action.

Little of note to be found in the latest address from Fed Chair Powell. T-Notes

trade flattish at 129-17, cash Tsy yields are marginally mixed across the curve.

Eurodollars last -0.5 to +0.5 tick through the reds.

- JGB futures trade -2 ticks vs. settlement at 153.19, away from an earlier

session low of 153.14 touched in the wake of the initial sell-off. Cash JGB

yields sit a touch higher across the curve. The focus turns to 40-Year JGB

supply, awaited later today. Chatter of possible increase in 40-Year issuance in

FY2020 is still doing rounds after a relevant Nikkei story was published y'day.

- In Australia YM +1.0 & XM +0.5. Aussie yield curve runs slightly flatter and

bills are unch. to -1 tick through the reds. Nothing to rock the boat in

comments from RBA Dep Gov Debelle, which leaves the focus on the upcoming

address from RBA Gov Lowe, who will speak on the topic of "Unconventional

Monetary Policy: Some Lessons from Overseas." The AOFM sold A$100mn worth of the

2.50% 20 September 2030 I/L ACGB earlier today.