U.S. Pres Trump delivered his..........>

BOND SUMMARY: U.S. Pres Trump delivered his special press conference re:

coronavirus, but failed to provide much in the way of positive surprises.

Separately, the U.S. reported its first Covid-19 case of unknown origin.

Situation in South Korea has also drawn attention, with case count creeping

higher still prompting the U.S. to warn against unnecessary travels to the

country. T-Notes have edged higher & last trade -0-01+ at 133-09+ with

yesterday's fresh cycle high at 133-13 in sight. Yields trade 1.4-2.8bp lower in

cash trade. Eurodollar futures trade up to 1.0 tick higher through the reds.

- JGB futs bid & last seen at 153.55, +18 ticks vs. settlement. Cash yields sit

lower across the curve, with the belly outperforming. The BoJ left purchase

sizes unchanged at today's round of its 1-10 Year JGB Rinban ops.

- Aussie bond futures have crept higher; YM +3.5 & XM +4.0. Cash yields sit

2.7-3.8bp lower across the curve. Bills trade unch. to +3 ticks through the

reds. News flow re: Covid-19 has somewhat overshadowed a pretty horrific

headline private capex print for Q4 out of Oz, which came with positives on the

numerical estimate side & the uptick in plant and machinery capex.