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Futures Firm Overnight, JGB Supply Due

JGBS

JGB futures added 16 ticks in overnight dealing, building on the uptick observed in the Tokyo afternoon as U.S. Tsys rallied on the back of softer than expected second tier U.S. data.

  • There hasn’t been much in the way of meaningful domestic news flow to dissect since yesterday’s Tokyo close, with domestic political conditions and fiscal support packages re: the fight against inflation still providing the focal the focal points early this week.
  • 5-Year JGB supply headlines the domestic docket 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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