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JGB futures have edged lower through Tokyo.....>

JGBS
JGBS: JGB futures have edged lower through Tokyo trade, unwinding the overnight
bid. Yields are marginally higher across the curve.
- There has been little in the way of news flow to drive the space.
- The latest 10-Year auction was softer than last month's, as the cover ratio
eased (but remained above 4.0x), and the tail widened at the margin. The low
price was slightly lower than that estimated in the BBG dealer poll.
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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