The first half of the session has......>

BOND SUMMARY: The first half of the session has seen no major data releases and

little new in terms of news headlines, with investors mulling U.S. President

Trump's latest combative trade comments directed at China and Germany. Focus

remains on Australian labour market report, Japanese bond auction and comments

from PBoC Gov Yi, expected later in the session.

- T-Notes have inched higher and last deal +0-01+ at 127-01. Cash Tsy yields are

virtually unchanged across the curve. Eurodollar contracts last seen 0.5 to 1.0

tick higher through the reds.

- JGB futures moved higher and last trade at 153.55, 12 pips above settlement,

as they draw support from a tech-driven drop in the Nikkei 225. The cash yield

curve has bull flattened as the super-long end outperforms ahead of today's

30-Year JGBs auction.

- Turning to Australia, YM is unchanged, while XM trades 0.25 tick lower at

typing, while cash yields are a touch higher across the curve. Bills are trading

unch. to 1 tick higher through the reds. Focus falls on Australian labour market

report, due at 02:30BST/11:30AEST.