Free Trial

Futures Pare Overnight Gains, Will Tsy Bid Provide Support?

JGBS

The overnight bid in JGB futures was a little less sticky vs. what was seen in the remainder of the core global FI space, with the contract finishing overnight trade at unchanged levels. Still, Tuesday's bid in U.S. Tsys may support the JGB space in early Tokyo trade.

  • BoJ Governor Kuroda failed to offer any fresh insight on broader monetary policy matters late on Tuesday.
  • Today's local docket is headlined by BoJ Rinban operations covering 3- to 10-Year JGBs. The BoJ will also publish the summary of opinions from its most recent monetary policy meeting, although this isn't expected to move the needle for markets.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

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.