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JGBS: JGB futures have retreated and last trade at 153.42, 14 ticks below
settlement, as the Nikkei 225 advanced into positive territory.
- The curve has bear flattened.
- The latest 5-15.5 Year enhanced liquidity auction saw a lower cover ratio, as
well as higher average and high spreads than the prev. auction covering the same
- Core machine orders and PPI provide the highlights of tomorrow's docket.