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JGBS: A tight overnight session for futures after yesterday's sell off saw
10-Year JGB yields close back above -0.20%, albeit by the thinnest of margins,
- Japanese PM Abe offered little new in his latest address, as he noted that the
cabinet re-shuffle does not alter policy re: South Korea and that he will not
allow Japan to become a drag on the global economy, pledging to take action if
downside risks materialise and reaffirming that the country is taking "more than
ample" measures to deal with the impending sales tax hike.
- 5-25+ Year BoJ Rinban operations headline today's local docket.