Free Trial

JGB futures have resumed trading on a strong...>

JGBS
JGBS: JGB futures have resumed trading on a strong note with the 10-year future
rising to 150.06 back in the middle of its two-week range. The Oct 4 low remains
intact at 149.95 and a break below this level is needed to extend the selloff
from the Aug 3 crash lows. 
-  Cash yields have opened a tick below Friday's close at0.154% as the bullish
trend remains intact following the hold above 0.140 on Friday, which keeps the
August 2 high support level intact. 
- The 2s-10s curve trades flat at 26.20bp, its highest level since April 2017,
helped by the recent steepening in the US curve. 
- The US-Japan 10-year spread sits at cycle highs of 307.7bps, despite the rise
in JGB yields being much sharper in volatility-adjusted terms.  

To read the full story

Close

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.