Free Trial

Insulated

JGBS

JGB futures have held shy of Tuesday's settlement levels, trading either side of the overnight close thus far, last -7, with the space a little more insulated than the broader core FI space.

  • The BoJ left the size of its 1-10 Year Rinban purchases unchanged, with little in the way of meaningful movement in offer to cover rations:
  • 1-3 Year: 2.62x (prev. 1.80x)
  • 3-5 Year: 2.47x (prev. 2.42x)
  • 5-10 Year: 2.34x (prev. 2.42x)
  • There has been a lack of idiosyncratic news flow.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.