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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 AccessFutures drifted lower in Tokyo trade, last.....>
JGBS: Futures drifted lower in Tokyo trade, last -14, as bears worked their way
through the lower bound of Friday's Tokyo range. Yields sit mixed across the
curve, with outperformance for 2s, 5s and 10s, against cheapening elsewhere.
- Swap spreads are mixed, with conventional bear steepening for the swap curve.
- News flow remains very limited, with little in the way of broader catalysts
evident for the space. Focus remains on the COVID-19 case count in Tokyo, with
new daily cases holding > 200 over the weekend.
- Looking ahead, there is a liquidity enhancement auction for off the run 5-15.5
Year JGBs scheduled for tomorrow, while the BoJ's latest monetary policy
decision will be issued on Wednesday.
To read the full story
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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.