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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.
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Free AccessJGB futures drifted back from best levels......>
JGBS: JGB futures drifted back from best levels ahead of the close, last +5
ticks, with the curve twist steepening on the day on the back of a Nikkei story
which noted that Japan is mulling an increase of 40-Year bond issuance in FY2020
(by several hundred billion yen). The report also noted that the government will
discuss whether 5- & 10- Year issuance needs to be reduced if 40-Year issuance
is lifted.
- The latest round of 1-5 & 10-25+ Year BoJ Rinban ops saw all the purchase
sizes remain unchanged, with the 3-5 & 10-25 Year offer to cover ratios
moderating and 1-3 Year offer to cover ratio ticking higher.
- 40-Year supply headlines tomorrow's local docket.
To read the full story
Sign up now for free trial access to this content.
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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.