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Futures Soften On Lead From Treasurys

JGBS

The weakness in U.S. Tsys applied some light pressure to JGB futures in the final overnight trading session of last week, with the contract shedding 7 ticks vs. Tokyo settlement levels as a result.

  • There was a lack of tier 1 local news flow over the weekend, with most of the focus falling on the discussion surrounding vaccine passports and Japan-South Korea relations.
  • Core machine orders and PPI data headline the local docket on Monday, while participants will likely keep one eye on the proximity to Tuesday's 20-Year JGB auction.
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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