JGB futures stuck to a tight range during......>

JGBS: JGB futures stuck to a tight range during Tuesday's morning session, with

a lack of fundamental trigger points apparent during the coming week.

- The cash space operated either side of unchanged in early dealing before

modest underperformance was noted in the longer end of the curve after a sloppy

15.5-39 Year liquidity enhancement auction drew a low cover ratio and generated

a relatively wide tail.

- Participants continue to look to this week's 2-Year supply and BOJ Rinban

operations for inspiration, with the BOJ's 10-25+ Year operations due later

today, as well as an address from BOJ's Suzuki.