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JGB futures finished the morning session.......>

JGBS
JGBS: JGB futures finished the morning session just off worst levels, -6 ticks
come the bell, with little in the way of local news flow/domestic drivers to
note, outside of those flagged earlier.
- 7s underperformed on the curve, with some light outperformance at the front
end, which allowed the curve to twist steepen.
- Rinban ops saw the size of 1-3 & 25+ Year purchases left unchanged with the
former seeing a lower offer/cover and tighter spreads, while the latter saw a
jump in the offer/cover ratio and wider spreads.
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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