U.S. Tsy flow & price action remains...>

BOND SUMMARY: U.S. Tsy flow & price action remains limited, with T-Notes +0-01

at 128-13, holding a 0-02 tick range, while the early twist flattening of the

curve has reversed into light twist steepening. Eurodollar futures print

unchanged to 0.5 tick higher. The only flow of note in the space has been the

previously outlined 2.0K buyer of the EDU1U2U3 fly.

- Yesterday's session high capped JGB futures during the Tokyo morning, with the

contract fading back from its early peak to trade 2 ticks lower on the day at

writing. Local data/summary of opinions from the BoJ's most recent MonPol

decision drew attention in early trade, but had little impact on the space. The

curve has twist steepened at the margin.

- Price action in Aussie Bond remains limited, with low conviction, accentuated

by the low volume seen in futures, with the early twist flattening holding. YM

-1.0, XM +1.0. Bills print unchanged to 2 ticks lower through the reds.