Free Trial

Assessing Offshore Matters & Rinban Tweak

JGBS

JGB futures shed 12 ticks vs. Tokyo settlement come the close of the final overnight session of last week, with local participants having to assess Friday's bear steepening dynamic in U.S. Tsys, while looking to a slight defensive start to the new trading week.

  • A reminder that Friday saw the BoJ cut the number of monthly Rinban ops covering upto 1-Year, 1-3 & 3-5 Year paper, although it did up the lower and upper ends of the purchase bands covering those Rinban buckets.
  • Final manufacturing PMI data is due today.
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.