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Away From Lows, BoJ Matters Continue To Dominate

US TSYS

A modest relief bid for Tsys came alongside the aforementioned move away from session cheaps in JGBs after Japanese Chief Cabinet Secretary Matsuno pushed back against the idea of a need for a change in the BoJ-government accord. The move in Tsys was limited, and has faded a touch, leaving TYH3 -0-06+ at 114-19+, while cash Tsys are little changed to 2.5bp cheaper across the curve, with 10s leading the cheapening.

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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