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Futures testing their morning session lows.....>

JGBS
JGBS: Futures testing their morning session lows in early afternoon trade, last
-14, with the uptick in risk sentiment outweighing the tightening in the
offer/cover ratio witnessed in the latest round of BoJ Rinban ops (which covered
5-10 Year paper). The ops also saw a widening of spreads. 7s still the weak
point on the curve in cash trade.
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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