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JGB futures move back towards the morning......>

JGBS
JGBS: JGB futures move back towards the morning lows in the wake of the latest
round of 10-Year supply, even as the cover ratio edged higher and tail
significantly narrowed vs. last month's offering (last month's auction gave a
very low base for comparison), while the low price missed dealer exp. at the
margin.
- Belly of the curve continues to underperform in cash trade.
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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