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JGB futures have extended their overnight......>

JGBS
JGBS: JGB futures have extended their overnight sell off in early Tokyo trade,
printing a new low for the week, before edging away from best levels. Contract
last deals 22 ticks lower on the day.
- Curve has been subjected to bear steepening as it plays catch up to the moves
seen in global FI/JGB futures in European/NY hours.
- Focus remains on the latest round of BoJ Rinban operations, which will cover
1-5 & 10-25+ Year paper.
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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