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Biased A Touch Lower To Start

JGBS

The major cash JGBs run little changed to 1.5bp cheaper across the curve, with the super long end leading the weakness, while JGB futures have traded back towards their overnight base, to last deal -5, as Tokyo reacts to the wider cheapening witnessed in core global FI markets on Tuesday. The summary of opinions covering the BoJ’s Dec meeting provided fairly run of the mill comments, generally within the confines of the lines of rhetoric that we have witnessed since the surprise YCC tweak.

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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