Free Trial

JGB futures have edged lower, in sympathy......>

JGBS
JGBS: JGB futures have edged lower, in sympathy with Tsy price action from
Wednesday, with the contract sticking to a tight range thus far, operating off
of session lows in the early part of the Tokyo afternoon.
- The Nikkei 225 has added ~2.0%, which will have added additional pressure.
- The curve has run steeper, with an uptick in the cover ratio at the latest 1-5
Year JGB liquidity enhancement auction adding some support to the shorter end of
the curve in the afternoon session.
- Focus now moves to the 1-5 & 10-25+ Year BoJ Rinban operations due Friday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Why MNI

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.