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BoJ Day

JGBS

JGB futures shed 4 ticks in limited overnight trade, with the modest net weakness in U.S. 10-Year Tsys applying some light pressure.

  • Politics and COVID remain the dominant factors when it comes to local news flow (although the market impact of those matters has been limited at best in recent weeks), but it will be the latest BoJ decision that presents the focal point of today's docket. The meeting is expected to be a bit of a non-event, with more details available in our preview.
  • A quick reminder that the JGB market will be closed on Thursday as Japan observes a national holiday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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