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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessFirmer, Led By The Long End
JGB futures ticked higher as we moved through Tokyo trade, last +7, just shy of best levels. The long end leads the bid in the cash JGB space given the overnight lead from U.S. Tsys, as 20s and 30s richened by ~1.5bp, with spill over from yesterday's 30-Year JGB auction also touted.
- There was nothing of note on the local news front, while the latest round of BoJ Rinban operations revealed flat to higher offer to cover ratios across the 1- to 10-Year buckets when compared with the prior respective operations.
- PPI data and a liquidity enhancement auction for off-the-run 5- to 15.5-Year JGBs headline locally on Thursday.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.