The JGB 10-Year opened Tokyo at 150.36 after...>

JGBS: The JGB 10-Year opened Tokyo at 150.36 after ending the overnight lower

but off session lows moving alongside U.S. Tsy's, JGB's dipped as Japanese bond

and stock flow data was released showing fewer foreigners bought Japanese bonds

and Japan bought more foreign bonds than prior. Japan later sold Y550bln of

extra debt in a enhanced liquidity auction of 10, 20 and 30-Year bonds, cover

was 3.64x from 2.82x prior causing the 10-Year JGB to rally 12 ticks, the

10-Year JGB was last back at 150.36.

-Buyers are streaming back into the US Treasury market from Asia, as the new

fiscal half year gets underway for Japan. The last data, out Oct. 5th, showed a

large $10Bln outflow from foreign bonds through week of Sept. 29th, as often

occurs into half-year-end close, said BMO analyst Aaron Kohli said, "the largest

since late April."  

- On the overnight Tsy's took a bid amid afternoon safe-haven buying on Iran, N.

Korea worries. 

- Yields are up across the curve within a very tight range, the 10-Year JGB was

last flat.