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JGB futures recovered from the early...........>

JGBS
JGBS: JGB futures recovered from the early afternoon lows on Tuesday, before
mimicking global FI moves overnight.
- The latest BBG sources piece suggested that "Bank of Japan board members are
likely to discuss a possible downgrade of their assessments of industrial
production, exports and overseas economies when they meet to set policy next
week."
- Focus moves to today's 5-10 Year BoJ Rinban operations, the first operation to
cover this bucket since the tweaks to its purchase amount band and the lowering
of the frequency of operations that cover the bucket.
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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