Free Trial

A Little More On The Out Of Hours JGB Move

JGBS

A little more re: the post-Tokyo JGB futures weakening. We also note wire headlines flagged that Japan’s largest labour union (Rengo) plans to ask for a wage hike of over 5% in the Spring ’24 negotiations.

  • While the move on BBG’s BoJ sources piece covering inflation projections was larger, the Rengo story applied some cheapening pressure to JGB futures earlier in the session, providing a (potentially) hawkish news combination for markets to digest.
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.