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JGB futures softened during the Tokyo..........>

JGBS: JGB futures softened during the Tokyo morning, with little in the way of
headline flow apparent. The contract went into the lunch break 1 tick above
settlement levels, unwinding the overnight session gains.
- Yields sit little changed across the curve.
- BoJ Governor Kuroda offered little new in his latest address, as outlined
- This afternoon's 5-Year supply is in focus, and may have accounted for the
light pressure seen in the space, with the 2-5 Year sector off the cash curve
underperforming at the margin.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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