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Back From Overnight Highs

JGBS

JGB futures added 2 ticks in overnight trade, but ultimately finished a little shy of best levels as bulls failed to force a real challenge of the early March highs and U.S. Tsys pulled back from richest levels of the day.

  • In a speech made late on Wednesday BoJ Deputy Governor Amamiya noted that participants need to make good use of the tools available to swiftly transition from LIBOR before its scheduled phasing out at the end of '21.
  • Flash machine tool orders data and BoJ Rinban operations covering 1- to 10-Year JGBs headline locally on Wednesday.
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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