USD marginally mixed vs. G10............>

MARKET TALK: USD marginally mixed vs. G10 counterparts (GBP the G10

underperformer), with the U.S. Tsy curve showing some light bull flattening in

early Asia-Pac trade, as yields sit 0.5-1.9bp richer across the curve at typing.

- Nikkei 225 is ~0.6% worse off after the elongated holiday weekend, while JGB

futures sit 19 ticks lower. The belly of the JGB curve underperforms early on,

with 7s the weakest point on the curve, suggesting the move may be futures

driven.

- Headlines light thus far. As mentioned elsewhere, the activity of Japanese

market participants after the elongated local holiday and the release of monthly

Chinese trade data will likely garner broader attention within the Asia-Pac time

zone.