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JGB futures have recovered all of..............>

JGBS
JGBS: JGB futures have recovered all of yesterday's losses to trade at new
contract highs, last at 151.19 on the back of follow through from US Fed Chair
Powell's relatively hawkish comments and the renewed weakness in Asian stocks,
in part triggered by yen strength. 
- 10-year yields are also just off their daily lows after failure to sustain a
break above 10bps has seen the 200-dma support at 7.8bps come into focus. 
- Comment's by BOJ's Masai largely stuck to script noting that upward pressure
on prices from output gap working steadily and momentum towards hitting 2%
inflation target is maintained. 
- CPI data is released tomorrow which will be closely watched, as will any
noteworthy comments form Fed speakers and leaders ahead of the upcoming XI-Trump
meeting.

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