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Futures hit fresh session lows after the.......>

JGBS
JGBS: Futures hit fresh session lows after the re-open on the back of the
previously outlined spread widening and uptick in offer to cover ratios in the
latest round of 1-10 Year BoJ Rinban ops. Contract briefly breached the
overnight trough, before recovering, last -8 ticks on the day, 5 ticks off lows.
- Worth flagging that the 1-3 Year offer to cover ratio seen in the previous ops
represented a historic low.
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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