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A very quiet start to the new quarter/FY for...>

JGBS
JGBS: A very quiet start to the new quarter/FY for the space, with futures
hovering around Friday's overnight session lows for the duration of the session.
The contract last trades 12 ticks below settlement ahead of the close.
- Super-long paper underperformed in cash trade, owing to the broader risk-on
backdrop.
- The headline BoJ Tankan metrics were relatively soft, although large firms'
capex plans topped exp.
- 10-Year JGB supply will draw the bulk of attention tomorrow.
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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