Trial now

Larger FX Option Pipeline


Stocks Inch Higher, But Gains Inconsistent

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

The low price witnessed at the latest 5-Year auction topped broader dealer expectations (which stood at 100.44 per the BBG dealer poll), with the cover ratio firming as the lower degree of uncertainty post-BoJ review and allure of fresh paper outweighed any outright/relative value questions. Elsewhere, the tail width narrowed.