The first half of today's..............>

BOND SUMMARY: The first half of today's Asia-Pacific session saw a modest uptick

in risk appetite, although this failed to filter through into the Japanese FI

space ahead of the BoJ MonPol decision, with participants expecting a more

cautious tone from the BoJ re: exports and production owing to the global trade

backdrop.

- JGB futures went into the lunch break 3 ticks higher, sticking to a tight

range in the Tokyo morning. Cash yields trade 0.5bp lower to 0.9bp higher across

the curve, with some twist steepening apparent.

- T-Notes last trade marginally lower at 122.21+. U.S. 10-Year cash Tsy yield

last seen at 2.630%, with cash yields trading -0.2 to +0.6bp across the curve.

The Eurodollar strip is 0.25 to 1.0 tick lower through the reds.

- Aussie bond yields trade 1.7 to 2.9bp higher across the curve, with YMM9 -2.5

ticks at 98.505 and XMM9 -1.25 ticks at 98.0125. YM/XM last trades a touch lower

at 49.75. Bills trade 2-3 ticks lower through the reds.