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Futures hugged a very narrow range in..........>

JGBS
JGBS: Futures hugged a very narrow range in overnight trade, with participants
seemingly non-committal, potentially owing to the holiday shortened week in
Japan. The contract finished the session 3 ticks below settlement levels.
- In local news flow the Nikkei has suggested that the Japanese government plans
to lift its economic assessment in its July release. Elsewhere, the Nikkei's
latest survey has noted that "the majority of Japanese companies CEOs expect the
economy to take at least two years to recover from the fallout of the
coronavirus."
- Japanese CPI data is due at the bottom of the hour, but more focus is set to
fall on today's 20-Year JGB supply.
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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