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JGB futures went out at unchanged levels.......>

JGBS
JGBS: JGB futures went out at unchanged levels overnight, after holding a tight
range.
- A reminder that focus yesterday fell on 30-Year supply, which saw an uptick in
the cover ratio and tightening of the tail (to a much steadier level) vs. the
prev auction.
- Elsewhere, BoJ Governor Kuroda offered little in his latest address, as he
insisted that the BoJ is not out of policy ammunition.
- Worth noting that late Thursday saw the government confirm that 39 prefectures
will see emergency measures lifted ahead of schedule, although this will not
include Tokyo, as was reported ahead of the declaration.
- Focus today moves to 5-10 Year BoJ Rinban ops and PPI data.
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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