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JGB futures softened after hours, although.....>

JGBS
JGBS: JGB futures softened after hours, although didn't quite manage to force a
break of the Tokyo lows, with the contract shedding 8 ticks vs. settlement in
overnight trade.
- Late Thursday saw Japanese PM Abe note that the country will dilly a Y15bn
package to fight the effects of the Coronavirus (Y10.3bn of which will come from
reserves)
- Elsewhere, the JBA chief called for the BoJ to look at a move away from its
2.0% inflation goal, while highlighting the impact of negative interest rates on
bank profitability.
- An address from BoJ Deputy Governor Amamiya & 3-Month bill supply headline a
slim local docket on Friday.
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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