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JGB futures were supported by the broader......>

JGBS
JGBS: JGB futures were supported by the broader based flows, which allowed them
to extend on their overnight recovery, although the contract failed to challenge
the recent all-time high, with the contract extending on the recent all time
high, just, to last deal 27 ticks higher on the day.
- 10-Year yields are threatening to break below the lower end of the BoJ's
permitted trading band (-0.20%) once again.
- The summary of opinions from the BoJ's most recent MonPol decision wasn't
really a game changer, with most members seemingly cautious re: the prospect of
further easing, even as a couple of dovish voices sounded more aggressive than
the status quo.
- Focus tomorrow turns to BoP data, the economy watchers survey & JGBi issuance.
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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