Free Trial

A well received 30-Year auction there, with....>

JGBS
JGBS: A well received 30-Year auction there, with the sway of an attractive ASW
entry point and the lure of fresh paper via primary issuance (indeed at at the
most attractive outright levels seen since March '19) drawing buyers in, despite
the risk of ongoing curve steepening being well and truly present.
- The cover ratio recovered to print at the highest level seen since around the
middle of '19, after hitting the lowest level seen at a 30-Year auction since
'16 last time out. The tail tightened, with the low price topping dealer
estimates.
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.