Asian Market Wrap:
Asian Market Wrap: 10-year Treasury yields climbed 0.8 bp to 2.096%, JGB yields picked up 0.4 bp to 0.123%, after returning from holiday, There were no real surprises in BoJ minutes from the July meeting and the JGB curve continues to steepen. Australia's 10-year jumped 5.1 bp amid stop selling after the 10-year future broke contract lows and following a pick up in Treasury yields yesterday. Chinese 10-year rates meanwhile declined. Stock markets also traded mixed, as Japan and China returned from holiday, while Hong Kong and South Korea were closed. Trade concerns remained high on the agenda as China warned that it won't agree to trade talks unless the U.S. stopped threatening additional tariffs. U.S. political developments also clouded over confidence. Topix and Nikkei are up 0.56% and 0.15% respectively, the CSI lost -1.08%, the ASX is down -0.0%, while U.S. futures are marginally lower. Oil prices rose further above the USD 72 per barrel mark.