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JGB futures have softened in early afternoon...>

JGBS
JGBS: JGB futures have softened in early afternoon trade, after the BoJ MonPol
decision lacked any notable dovish surprises. The Bank downgraded its view of
exports, industrial production & the global econ. outlook, as expected, but left
its overall view of the domestic econ. unchanged (contrary to some reports).
- Futures last trade 5 ticks lower on the day, while cash trade has seen the
morning's twist steepening extend.
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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