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

JGBS
JGBS: JGB futures ticked lower in the morning session, aided by the uptick in
the Nikkei 225 & USD/JPY, in what proved to be very limited trade, extending on
the move lower that took place in the overnight session. Contract was 12 ticks
lower at the lunch break.
- The cash space has seen yields edge higher. With some modest underperformance
in the belly of the curve ahead of today's liquidity enhancement auction for
5-15.5 Year JGBs.
- The space had saw impact from the latest round of Japanese CPI data, which
came in on the soft side.
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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