The impeachment vote in U.S. House.....>

BOND SUMMARY: The impeachment vote in U.S. House of Representatives has produced

a limited market reaction as its result was largely expected & the proceedings

are unlikely to gain further traction in the Republican-controlled Senate, which

is set to take over the case. T-Notes have edged higher after the House voted to

impeach Trump, last trade +0-04 at 128-09+. Cash yields sit a touch lower across

a flatter curve. Eurodollars trade -0.5 to +1.0 tick through the reds.

- JGB futures are probing the waters below the overnight session lows, but have

failed to make much headway beyond there. The paper last trades at 152.03, -19

ticks on the day ahead of the monetary policy decision from the BoJ. Cash yields

last seen slightly higher across the curve.

- The main point of note in Australia was the local labour mkt report. FI space

was hit with selling pressure as the data proved better than forecast, but came

with caveats which prompted recovery off lows. A solid bounce in jobs growth

brought the unemployment rate a tad lower, but was underpinned by part-time

employment change & accompanied by -ve revisions. YM -4.5 & XM -4.0; cash yield

curve has bear steepened. Bills are 4-5 ticks worse off through the reds.