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Futures Unwind Modest Overnight Losses

JGBS

Futures are better bid from the re-open, a hard one to explain given the dynamic in broader core global FI markets in early Asia-Pac dealing, in addition to the uptick in domestic equity markets, with the Nikkei 225 printing above 30K for the first time since April. The contract last prints +2, after unwinding its modest overnight losses. Cash JGBs are little changed to 1.0bp richer across the curve, with 5s & 10s leading the bid.

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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