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JGBS: A quiet session for JGB futures thus far, last -6 ticks, with the contract
seemingly reluctant to extend below previously identified technical support and
the overnight low.
- Local data had little to no impact on the space.
- Curve sits steeper at writing, with 20+-Year paper underperforming. Focus
during the remainder of the session will fall on 2-Year supply and an address
from BoJ Deputy Governor Wakatabe.