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JGB futures held within their overnight........>

JGBS
JGBS: JGB futures held within their overnight range during the Tokyo morning,
hitting the lunch break 3 ticks higher than settlement. It was a lacklustre
start to Tokyo trade if we are being honest, with no signs of pre-auction
concession evident for super-long paper as 20s & 30s outperformed on the curve.
Swaps spreads are mixed on the day, with the swap curve bull flattening, while
JGBs trade mixed out to 10 Years.
- 20-Year supply due shortly.
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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