Free Trial

JGB futures edged higher during Wednesday's....>

JGBS: JGB futures edged higher during Wednesday's morning session, advancing as
Japanese equities softened on the back of a huge Typhoon hitting the Osaka
region, with yields ticking lower across the curve in cash trade.
- This made for a lack of concession ahead of the 10-Year JGB auction.
- There was no immediate reaction to the auction as the low price matched dealer
exp. The slightly higher cover ratio also supported prices.
- JGB futures then continued to edge higher in the afternoon, with the curve
flattening on the day as the super-long end outperformed.
- Focus remains on this week's Rinban operations and a speech from BOJ's
Kataoka, scheduled for later today.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



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.