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JGBS: Futures trade at/near session lows at present, with bears targeting a
break of the overnight low, aided by broader risk on flows on the back of
growing optimism surrounding the U.S.-China vice-ministerial trade talks.
- Curve sits flatter with the long end outperforming on the day. 10-Year JGB
yields last deal at 0.026%.
- The BoJ left the size of its 5-10 & JGBi Rinban ops unchanged today.
- The BoJ will take some solace in real wage growth moving into positive
territory, although average wage growth was boosted by bonuses and other special