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JGB futures ticked higher in the morning.......>

JGBS
JGBS: JGB futures ticked higher in the morning session, and have consolidated
their modest gains in afternoon dealing, although truth be told activity was
limited.
- The cash curve was saw a modest degree of outperformance in the longer end,
which benefitted from month end extension plays.
- Later on in the week there is a lack of longer dated supply, with the 2-Year
JGB auction dominating the issuance docket. As such, focus is set to fall on the
BOJ's Rinban operations.
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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