Free Trial
BOBL TECHS

(Z2) Outlook Remains Bearish

SNAPSHOT

Set For A Divided Congress

BUND TECHS

(Z2) Remains Vulnerable

MNI EXCLUSIVE

China Must Lift Growth To Curb Capital Outflow

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Futures Soften On Wider Impulse, Kuroda Due To Speak

JGBS

The pull lower in wider core global FI markets pressured JGB futures during the overnight session, with the contract finishing -15, after a move away from worst levels alongside a similar dynamic in U.S. Tsys.

  • 10-Year JGBs will likely hover just below the upper limit of the range permitted under the BoJ’s YCC mechanism in this environment.
  • Local headline flow has been dominated by reports pointing to subsidies that would aim to lower energy bills, which could be included in the impending fiscal support package.
  • Weekly international security flow data, the latest liquidity enhancement auction covering off-the-run 5- to 15.5-Year JGBs and BoJ Governor Kuroda’s latest speech at a meeting with branch managers headline domestically on Thursday.
117 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The pull lower in wider core global FI markets pressured JGB futures during the overnight session, with the contract finishing -15, after a move away from worst levels alongside a similar dynamic in U.S. Tsys.

  • 10-Year JGBs will likely hover just below the upper limit of the range permitted under the BoJ’s YCC mechanism in this environment.
  • Local headline flow has been dominated by reports pointing to subsidies that would aim to lower energy bills, which could be included in the impending fiscal support package.
  • Weekly international security flow data, the latest liquidity enhancement auction covering off-the-run 5- to 15.5-Year JGBs and BoJ Governor Kuroda’s latest speech at a meeting with branch managers headline domestically on Thursday.