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JGBS: JGB futures finished the overnight session around the middle of a tight
range. There has been little in the way of notable local news flow, outside of a
JiJi piece suggesting that "Japan will refrain from directly referring to its
target of achieving primary surplus in FY25 in the basic economic and fiscal
management policy it's compiling as deficit grows as a result of measures taken
to prevent the spread of coronavirus," per BBG.
- Elsewhere, the latest BBG sources piece noted that "the Bank of Japan is
likely to consider standing pat on it main policy tools and making no major
changes to its economic outlook at next week's meeting."
- BoJ 1-5 Year Rinban ops and current account data headline the local docket