Free Trial

JGB futures stuck to a 3 tick range, with......>

JGBS
JGBS: JGB futures stuck to a 3 tick range, with traders having little to go off.
- Cash bonds have also struggled for direction, with cash JGBs hovering around
unchanged levels in the morning session, before edging modestly higher in the
afternoon.
- The enhanced liquidity auction for JGBs with 5-15.5 Years until maturity was
well received, as the bid to cover ratio moved higher.
- Bulls have so far failed to take out the 151.02 resistance in futures, with
bears now needing a close below the 100-DMA (150.86) to gain breathing room and
below 150.80 to shift initial focus lower.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.