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

BOND SUMMARY
BOND SUMMARY: The Asia-Pacific session has been very quiet so far, with regional
data failing to move the needle. T-Notes trade -0-02 at 129-13+. Cash Tsy yields
fluctuate around neutral levels. Eurodollars sit -1.0 to +0.25 through the reds.
- JGBs sold off as the Nikkei 225 opened on the front foot amid talk of a fiscal
stimulus package that the gov't might deploy in the near future, esp. after
today's miss in industrial output. Meanwhile, the BoJ will today announce its
monthly bond-buying schedule, which may be adding some pressure to the space.
JGB futures last trade at 153.18, -11 ticks vs. settlement but off earlier lows.
Cash JGB yields have edged higher. Little in the way of reaction to a slew of
Japanese data releases. In the local news, Japanese and South Korean officials
held talks on potential lifting of Tokyo's export curbs and there are more
meetings scheduled through Dec.
- In Australia, YM -0.5 & XM -2.0 ticks. Cash yield curve has steepened a tad.
Bills last seen -2 to +1 tick through the reds. The AOFM released its weekly
issuance schedule, which can be accessed in earlier bullets. Private sector
credit grew slower than exp., but it was ignored by Aussie FI.

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