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PORTUGAL AUCTION RESULTS

Reverse auction

SOY TECHS

(X1) Corrective Bounce

MNI EXCLUSIVE

Scope Ratings' Shen On Prospects For Greece's Credit Rating

COPPER TECHS

(Z1) Trend Condition Remains Bullish

OPTIONS

Larger FX Option Pipeline

STIR

SOFR Decline, Potential Drivers

JGBS
JGBS: JGB futures on an afternoon tear, +57 ticks on the day at 153.47, with the
latest move likely aided by the moderation in offer to cover ratios in today's
10-25+ Year Rinban operations we highlighted earlier.
- Although swaps are still leading the move in longer dated paper, with spread
tightening highlighted again the super-long end.
- Also worth flagging the most recent comments from Japanese PM Abe, who has
noted that the government is putting together a policy re: coronavirus measures,
and noted that the country will take stronger steps in to fight the virus in
regions that have witnessed cluster infections.
- Bulls now look to 153.55, the Nov 28 high and key resistance.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com