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JGB futures have continued to edge higher in...>

JGBS
JGBS: JGB futures have continued to edge higher in the early part of the Tokyo
afternoon, after the leg higher into the lunchbreak as the lead contract
breached Tuesday's session high. Resistance noted at the July 23 high of 150.98.
- The cash curve has witnessed some flattening.
- The space looked through the latest GDP release.
- It is worth noting that there is some Y2.6tn worth of redemptions from old
2-Year paper due on Thursday, with a 5-Year JGB auction also scheduled.
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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