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Futures Stick To Overnight Range

JGBS

JGB futures have stuck to the range witnessed during the final overnight session of last week, initially nudging higher at the re-open, before fading to print -6 vs. settlement levels. Cash JGBs run little changed to ~1bp cheaper across the curve, with the super-long end leading the modest losses witnessed. Local catalysts have not been forthcoming, with the latest round of data (predictably) failing to impact the space.

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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