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Away From Lows

JGBS

Little to really note for the space, with futures unwinding their overnight losses, hitting the lunch bell 4 ticks above Tokyo settlement levels, with cash trade lacking any defining characteristics.

  • The BoJ Rinban operations, which covered 1- to 5-Year JGBs, saw marginal upticks in the offer to cover ratios, as the Bank started to enact its tweaked purchase schedule.
  • Elsewhere, a Chinese aircraft carrier has been spotted near in waters near Okinawa.
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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