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JGB futures eased a touch in early dealing.....>

JGBS
JGBS: JGB futures eased a touch in early dealing Friday, giving back a small
part of the overnight session gains, ignoring the latest round of domestic data,
although talk from one BoJ member (as revealed in the summary of opinions from
the Dec MonPol meeting) re: allowing 10-Year yields to temporarily trade sub-0%,
twinned with a lower Nikkei 225, provided some support, leaving the contract 10
ticks higher than settlement at writing.
- The summary of opinions also noted that risks to the global economy are on the
up, and that uncertainty over inflation is also rising.
- The cash curve is trading flatter, with 10-Year yields last 0.007%, as the
cash space catches up to the Tsy space's moves from Thursday.
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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