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JGB futures ticked lower in overnight trade,...>

JGBS
JGBS: JGB futures ticked lower in overnight trade, finishing 16 ticks below
Tokyo settlement, in sympathy with Tsys, with continued focus on trade war
related headlines.
- The cash curve twist flattened on Thursday, with the long end potentially
supported via foreign swap receiving, as depicted in the LCH/JSCC 30-Year swap
spread.
- Little to note in the recently released local CPI data, with a modest uptick
in the core & core-core measures. Flash PMI & a liquidity enhancement auction
for 5-15.5 Year JGBs headline the remainder of today's local docket.
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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