Free Trial

Futures Pressured But Off Lows

JGBS

The earlier flagged JiJi source report pointing to the BoJ considering a suggestion re: the widening of the band that it allows 10-Year JGB yields to operate in is all that has mattered for the space this morning, with futures hitting the break 17 ticks softer than settlement levels, 12 ticks off the early Tokyo lows. As we mentioned earlier, it was an unnamed source report, with no indication re: the timing of any potential announcement, although most have chosen to focus on the BoJ's monetary policy review, set to be released in March, as a potential landing strip for any such move.

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.