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A Narrow End To The Week

JGBS

JGB futures held to a narrow range, last +2, with the local COVID issues and stronger than expected local wage data having no real impact on the space. There may have been some incremental support from a solid liquidity enhancement auction for off-the-run JGBs with 1- to 5-Years until maturity (firmer cover and stronger pricing through prevailing yields at the time of supply), with the major benchmarks generally trading unchanged to a touch firmer across the cash curve. BoJ Rinban ops covering 1- to 5-Year JGBs headline locally on Monday.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income Bullets
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income Bullets

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