JGB futures softened overnight, following......>

JGBS: JGB futures softened overnight, following the broader narrative, closing

12 ticks lower vs. Tokyo settlement levels, a touch off session lows.

- After hours Wednesday saw incoming BoJ board member Nakamura note that the

Bank will need to take swift action if needed as it keeps a close eye on the

economy and COVID-19 spread, although he doesn't see the need for the BoJ to

take further action at present.

- 10-Year JGB supply headlines the local docket today, with the increased

issuance size at today's auction presenting another factor that likely

contributed to some of the weakness in overnight trade.