The major bond futures operate just....>

AUSSIE BONDS: The major bond futures operate just off their respective lows

after the de-escalation of U.S.-Iranian tension, that many were looking for,

came to fruition, as Trump addressed the world, pointing to a preference for the

use of economic sanctions on Iran, as opposed to military might after Iran's

missile attack resulted in little damage for U.S. assets, and was deemed more of

a warning shot. That being said, missiles have hit Baghdad's green zone in the

time since Trump spoke.

- YM -3.0, XM -5.5, with the curve 2.0 steeper, YM/XM printing 46.0.

- Bills sit 2-4 ticks lower through the reds.

- Monthly trade balance data headlines the local docket today.