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Equities Dip Lends Support

JGBS

The overnight impetus from the U.S. Tsy space and a negative morning for local equities have combined to support the JGB space. Futures have stuck to the range established in the overnight session, and hit the bell +3, with the belly of the cash curve outperforming as 5- to 10-Year paper richens by ~1.5bp. 5-Year JGB supply headlines this afternoon, with participants also on the lookout for comments from BoJ Governor Kuroda.

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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