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Futures continued to drift lower in............>

JGBS
JGBS: Futures continued to drift lower in overnight trade, finishing the
overnight session 26 ticks below Tokyo settlement.
- 10-Year supply headlines the local docket today, will be interesting given the
reduction in the size of the BoJ's purchases in the 10-25 Year zone yesterday,
which facilitated underperformance in the 7-20 Year zone of the cash curve
(perhaps also pointing to concession ahead of today's supply).
- Elsewhere on the local docket, the outdated minutes from the BoJ's Sep meeting
are due, along with final services & composite PMI readings.
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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