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JGB futures operated in a tight range during...>

JGBS
JGBS: JGB futures operated in a tight range during the overnight session,
sticking to the levels set in Tokyo hours. The contract followed the broader,
global FI flows, ultimately closing near the top end of Tuesday's range.
- The curve witnessed some modest twist steepening yesterday, aided by a solid
5-Year auction.
- Lower tier data noted on the Japanese docket today, with PPI, core machine
orders and the tertiary index all due. Elsewhere, the BoJ will conduct Rinban
operations covering 5-25+ Year paper.
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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