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Eyes Revert To Supply

JGBS

Futures were biased lower in late overnight trade, in line with U.S. Tsys in the wake of the release of the minutes from the latest FOMC decision, with the contract going out just off worst levels, -6 vs. settlement.

  • Nikkei sources have noted that "Japan's government plans to cover compensation for any health problems that may arise here from coronavirus vaccines, seeking to ensure a stable supply from foreign manufacturers as global competition intensifies."
  • Elsewhere, South Korea discontinued anti-dumping duties on pneumatic valves made in Japan.
  • 5-Year supply headlines locally today.
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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