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The broader dynamic in core fixed income markets weighed on futures during the Tokyo morning, before a recovery from worst levels, leaving the contract -1 come the bell. The cash JGB curve flattened, with yields out to 20s ultimately little changed on net, while 30s & 40s ran 1.0-1.5bp richer on the day, likely aided by the firming in longer dated U.S. Tsys on Tuesday. Local headline flow remains scarce. 2-Year JGB supply is due this afternoon, while Proctor & Gamble mandated for 5- & 10-Year JPY denominated bond issuance.