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JGB futures edged higher overnight, but........>

JGBS
JGBS: JGB futures edged higher overnight, but failed to crack the Tokyo high,
finishing 6 ticks above settlement levels, as Coronavirus worry dominated both
news and market flow.
- 40-Year JGB supply and services PPI headline the local docket on Tuesday.
- We will also be on the lookout for the name of a potential successor to BoJ
board member Harada. Monday saw a diet official note that Japan's government
will submit the names of candidates to take major government posts to the Diet
on Jan. 27, although no specific posts were mentioned. Harada, a former
government economist, is known as one of the more dovish BOJ board members and
the government is expected to nominate a person who is in favour of monetary
easing. As a reminder, Yukitoshi Funo, another BOJ board member, sees his
five-year term end on June 30.
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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