There has been little in the way of...........>

BONDS: There has been little in the way of headline news flow apparent during

Asia-Pac hours, but that hasn't stopped a modest risk-off tone creeping in over

the last hour or so. Points of note include Trump resuming his usual Twitter

games re: U.S.-China trade matters after the weekend's developments, while the

FT recently reported that "a group of senators have written to Rick Perry

calling on the US energy secretary to ban solar equipment made by Huawei saying

the Chinese tech group's equipment poses a national security threat to the US'

critical energy structure." A report also suggested that U.S. warships sailed

through the Taiwan Strait, which will have done little to support risk assets.

- T-Notes last trade +0.05 at 122.06, U.S. 10-Year cash Tsy yield last 2.650%.

Eurodollar contracts are trading +0.25 to +3.0 ticks through the reds.

- JGB futures have stuck to a tight range ahead of today's 15.5-39 Year JGB

liquidity enhancement auction, finishing the morning session unchanged vs.

settlement. Yields trade marginally higher across the curve.

- Aussie bonds have tracked broader risk sentiment, YM & XM both trade unch,

YM/XM trades at 42.5. Bills trade 1 tick higher-1 tick lower through the reds.