Free Trial

10-Year Issuance Eyed

JGBS

JGB futures softened at the margin in overnight trade, shedding 3 ticks, but didn't get anywhere near fully unwinding the gains seen since Monday's Tokyo close, with the offshore dynamic providing little impetus for the contract.

  • Local press reports continue to look to the impending declaration of a state of emergency in Japan re: COVID-19, which is expected to come on Thursday.
  • Domestically, 10-Year JGB issuance will headline today, with yesterday's BoJ Rinban operations revealing no signs of worry re: the digestion of the auction.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.