The early part of today's Asia-Pac.....>

BOND SUMMARY: The early part of today's Asia-Pac session saw the release of

Australian house price index, as well as the latest RBA MonPol meeting minutes.

The house price index declined by more than exp., both on a Y/Y and Q/Q basis,

while the RBA minutes provided no surprises. Worth mentioning risk appetite has

recovered from worst levels.

- Aussie bond yields are trading 2.0 to 3.5bp lower across the curve. YMM9 last

trades +2.5 ticks at 98.530, while XMM9 trades +2.5 ticks at 98.040. YM/XM last

seen at 48.50. Bills trade 1 to 2 ticks higher through the reds.

- T-Notes have stuck to a tight range thus far and last trade +0.01+ at 122.28+.

U.S. 10-Year cash Tsy yield last trades at 2.598%, with yields 0.3 to 0.7bp

lower across the curve. Eurodollar contracts are trading 0.25 tick lower to 1.0

tick higher through the reds.

- JGB futures last trade at 152.77, 1 tick below settlement, as the Nikkei 225

climbed back to unchanged levels. Cash yields trade 0.1bp lower to 0.6bp higher

across the curve.