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Futures finished the morning session 11........>

JGBS
JGBS: Futures finished the morning session 11 ticks below settlement levels,
just off lows, with a focus on the aforementioned fiscal matters. The front end
of the curve underperformed in cash trade, with a light bid tone in the 10-30
Year sector of the curve. RTRS sources have leaked the apparent new JGB issuance
plan (which is available in an earlier bullet).
- Swap curve has been more linear than cash JGBs, steepening.
- 6-Month supply due imminently.
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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