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JGB futures have had a limited reaction to.....>

JGBS
JGBS: JGB futures have had a limited reaction to the latest 20-Year auction.
- Looking at the the results of the supply, the low price came in higher than
the exp. 98.00, as the bid to cover ratio edged higher, although the tail edged
out to 0.3bp from 0.2bp at the previous auction.
- Long end swaps have held their decline, while the long end of the JGB curve
continues to outperform.
- The Nikkei 225 has turned green in the early part of the afternoon session.
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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