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JGBS: JGB futures edge higher from the Tokyo re-open, last +6, with participants
playing catch up to movements in U.S. Tsys during NY hours.
- 10s outperforming in cash trade, while the swap curve sees a more traditional
bull flattening theme, resulting in mixed swap spreads.
- Only thing to add on the news flow front is that Nissan has hired banks to run
a multi-tranche round of JPY issuance, per BBG.