JGB futures added 10 ticks come the close of...>

JGBS: JGB futures added 10 ticks come the close of the overnight session,

initially drawing support from BoJ Governor Kuroda's post-decision press

conference as he noted that the Bank may have to scale up its bond purchases

owing to the impending jump in JGB supply. The Governor also played down

concerns that the Bank is financing the government's COVID-19 fighting fiscal

package, as he stressed that "the BOJ is buying bonds to independently conduct

monetary policy". The contract followed the broader ebb and flow of U.S. Tsys

after that.

- Focus today turns to 1-3, 5-10 & 25+ Year BoJ Rinban ops, as well as the

monthly Japanese trade balance data.