Tsys were supported in Asia hours,.....>

BOND SUMMARY: Tsys were supported in Asia hours, with a continued focus on

Sino-U.S. trade maters and the cautious lead from Wall St. (reasoning outlined

in other bullets) the driving force overnight. Contract last +0-04+ at 139-03,

with yields sitting unchanged to 2.1bp richer across the curve, as it bear

steepens. T-Notes moved away from session highs as e-minis recovered, but have

held a tight range during Asia hours. Focus continues to fall on Fed Chair

Powell's Wednesday address.

- JGB futures have also held a tight range against a limited round of domestic

news flow and mixed batch of BoJ Rinban operations covering 1-5 & 10-25 Year

paper. Contract last -2. 20-30 Year zone outperforms in cash, despite impending

3-Year supply. Swap curve has twist steepened.

- Aussie bond futures flattened, with the long end initially supported by the

broader risk-off theme and record demand for the new ACGB Dec '30, although XM

faded from best levels as we moved through the day, potentially as outright

positions in the new ACGB (which saw A$19.0bn printed) were hedged via futures.

YM unchanged, XM +1.0.