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JGB futures unwound their early downtick and...>

JGBS
JGBS: JGB futures unwound their early downtick and went into the lunch break 12
ticks above settlement levels, with little in the way of headline catalysts
seen. This may mean that position trimming may have been evident ahead of the
BoJ decision, as bulls exited on the back of yesterday's rally before the bid
resumed, allowing futures to register fresh Tokyo session highs.
- Twist steepening has been evident on the curve, with the 5-10 Year sector
outperforming.
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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