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A fairly sanguine morning session for..........>

JGBS
JGBS: A fairly sanguine morning session for futures, recovering from a double
dip based on broader flows as more of a risk-off feel kicked in ahead of the
lunch break. Contract was 8 ticks below settlement at the morning close.
- Curve has twist flattened, despite impending 20-Year supply.
- That auction and reaction to recent news flow re: deaths among the Diamond
Princess' passengers & further broad risk-off price action to shape early
afternoon dealing.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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