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JGB futures recovered from their overnight.....>

JGBS
JGBS: JGB futures recovered from their overnight session trough, finishing 3
ticks below Tokyo settlement levels, with the early focus set to fall on the
latest reports of developments in Iraq, outlined elsewhere.
- From a local perspective, cash earnings data headlines the docket on
Wednesday.
- A reminder that the curve steepened yesterday, despite a solid enough round of
10-Year JGB supply, as participants reacted to the bounce in global equity
markets, with Thursday's 30-Year JGB supply likely limiting the effects off any
dip buying.
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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