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

JGBS
JGBS: JGB futures have stuck to a very tight range thus far, consolidating the
recent gains, and operating just below key resistance. A soft Japanese Nikkei
manufacturing PMI read will have lent some support to the space, as the metric
moved into contractionary territory.
- The cash curve continues to flatten, with super-long yields back to levels not
seen since November 2016. 10-Year JGB yields last trade at -0.041%.
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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