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JGB futures continued their descent in the.....>

JGBS
JGBS: JGB futures continued their descent in the early part of the overnight
session, before recovering from worst levels as T-Notes failed to consolidate
below their Friday lows.
- Bear steepening was the theme in Tokyo cash trade yesterday, as cash JGBs
played catch up to the sell off seen in futures on Friday.
- The ongoing U.S.-Japan trade talks will continue to draw attention. Japanese
economy minister Motegi has stated that the two countries already have an
agreement re: FX.
- 20-Year JGB supply headlines the docket today.
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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