The latest FOMC meeting remains in.....>

BOND SUMMARY: The latest FOMC meeting remains in focus after a "hawkish cut" was

followed by Fed Chair Powell's presser, which saw the central bank chief point

to stagnant inflation & downplay potential for raising rates. News-wise,

investors ponder the cancellation of APEC summit, where the U.S. & China were

exp. to sign off on their trade pact. China's PMIs were out earlier today,

broadly undershot exp. with the m'fing gauge still in contractionary territory.

- T-Notes +0-03+ at 129-19; an uptick noted on Chinese PMIs. Cash yield curve

has bear flattened. Eurodollars trade up to 1.0 tick higher through the reds.

- JGB futures better off even as the Nikkei 225 operates in the green; the paper

last seen at 154.05, 28 ticks above settlement. JGB yields trade slightly lower

across the curve. Japanese industrial output was better than forecast; now focus

is on the imminent BoJ MonPol decision & subsequent presser with Gov Kuroda.

- Aussie bond futures have eased off; YM -1.5 & XM unch. Aussie yield curve has

twist flattened. Bills sit 2-3 ticks lower through the reds. Some pressure to

the space noted after the release of a slew of Australian econ figures,

including better than expected building approvals & export price index.