Free Trial

JGB futures reclaim 151.00, last dealing 4.....>

JGBS
JGBS: JGB futures reclaim 151.00, last dealing 4 ticks higher on the day at
151.04, once again there has been little in the way of news flow apparent, with
the long end's modest outperformance from the morning session extending,
allowing the curve to flatten.
- Little in the way of headline catalysts apparent for the move.
- Worth noting that BBG sources suggested that the Japanese MOF may reduce
20-Year issuance next FY (similar to earlier RTRS reports) late Tuesday, with
super-long end demand exp. from lifers.
- There is a liquidity enhancement auction for off the run 5-15.5 Year JGBs
tomorrow, ahead of the long holiday weekend.
- CPI data is also due tomorrow.
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.