Truth be told, there was little to.....>

BOND SUMMARY: Truth be told, there was little to report in terms of headline

news flow and data overnight.

- This meant that 8x 1250 clips selling TYZ9 down from 131-09+ to 131-05 stole

the show, pressuring T-Notes, and the broader Tsy complex as the space stuck to

a tight range. T-Notes last -0-03 at 131-06+, with yields 1.0-1.8bp higher at

writing. Eurodollar futures 0.75-1.5 ticks lower through the reds.

- In Australia YM -8.0 and XM -12.0. YM/XM sits at 26.5. Bills 1-9 ticks lower

through the reds. Next week's AOFM issuance schedule continues the recent focus

of supply in the 9-12 Year sector of the curve.

- JGB futures -27 ticks, threatening a clean break below the overnight low as

the curve bear steepens. The BoJ left the size of its 1-10 Year Rinban

operations unchanged.