Free Trial

Futures Recover From Breach Of Support Overnight

JGBS

JGB futures tracked U.S. Tsys away from lows during the overnight session, leaving the contract unchanged come the bell after a show through the recent lows and technical support. Traders will have to factor the twist steepening witnessed on the U.S. Tsy curve into the equation in early Tokyo dealing.

  • Thursday's BoJ decision is expected to be a bit of a non-event, with more focus falling on Japan's fiscal trajectory in the wake of the upcoming general election.
  • PPI services data and the latest round of BoJ Rinban operations (covering 3- to 10-Year JGBs) headline locally on Tuesday.
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.