Free Trial

JGB futures have stuck to a tight range,.......>

JGBS
JGBS: JGB futures have stuck to a tight range, ignoring headlines which stated
that North Korea remains willing to meet with the US despite US President Trump
cancelling the proposed June summit.
- The cash space has moved higher in the afternoon session, after the latest
round of BoJ Rinban operations saw the Bank leave the size of the operations
covering the 1-10 Year buckets unchanged. Looking at the breakdown of the
operations, we note that the offer to cover ratio of the operations ticked up
across all 3 buckets, although the moves weren't large, which allowed the space
to move higher.
- Futures last trade at 150.90, 7 ticks higher, following cash in afternoon
dealing.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.