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Futures Recover Early Overnight Dip, 10-Year Supply Eyed

JGBS

JGB futures rebounded after showing through Tokyo lows in overnight dealing, ultimately adding 4 ticks come the end of the overnight session, with global FI market gyrations (fleshed out in earlier bullets) driving the contract.

  • Monday’s Tokyo session was limited, as the space proved to be insulated from the wider swings in risk assets
  • Once again, there hasn’t been much in the way of notable domestic headline flow since the Tokyo close.
  • 10-Year JGB supply and household spending data headline the domestic docket on Tuesday.
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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