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US TSYS

Belly-Led Weakness On Monday

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Testing Bear Trigger

USDCAD TECHS

Corrective Pullback

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Futures have eased back into the post-Tokyo range after a brief showing above the overnight high in early Tokyo dealing, last dealing +1. Cash JGBs sit little changed to ~1.0bp richer across the curve. Local news flow remains centred on the political space. Elsewhere, recent headlines have pointed to the potential for a multi-tranche round of corporate supply from Softbank.