Free Trial

JGB futures pared their overnight losses in....>

JGBS
JGBS: JGB futures pared their overnight losses in the first hour of Tokyo trade,
with the contract last trading around unchanged levels.
- The latest round of 10-25+ Year BoJ Rinban ops saw the purchase sizes of the 2
buckets remain unch., offer to cover ratios as follows: 10-25 Year 2.44x (prev.
1.84x) 25+ Year 4.37x (prev. 2.55x).
- Yields little changed across the curve at writing.
- The latest BBG BoJ sources report had no tangible impact on the space nor on
the JPY.
- Elsewhere, Tokyo CPI headlined today's thin Asia-Pac data docket, but the
release provoked no substantial reaction, with the main measures providing
little deviation vs. the June readings on net.
- Retail sales headline the local docket on Monday, ahead of the BoJ MonPol
decision due Tuesday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.