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JGB futures briefly trade in positive..........>

JGBS
JGBS: JGB futures briefly trade in positive territory, lifted at the re-open,
with T-Notes trickling higher and Tsys bear flattening in lieu of Thursday's
moves in NY trade. Little to go off on the domestic front, with household
spending data weak, but not quite as weak as expected. Domestic equities a touch
softer and USD/JPY still above Y109.00.
- Contract has faded a little from early highs to last trade -2 on the day, but
comfortably off overnight lows.
- 2-3 Year paper outperforms on the curve in early Tokyo trade.
- Eyes on 1-10 Year BoJ Rinban ops.
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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