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JGBS: JGB futures looked through local services PPI data and a relatively
inconspicuous account of the BoJ's most recent monetary policy decision,
contract last -6 with the curve twist steepening, in sympathy with broader core
FI markets (no real concession in 20s though, with supply due tomorrow).
- Also worth noting that the Tokyo Governor pointed to a "large" number of new
COVID-19 cases ahead of today's data release, as the number of new cases in the
city ticked back above the 50 mark.
- The aforementioned 20-Year supply headlines the local docket tomorrow.