Free Trial

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

JGBS
JGBS: JGB futures were supported by the broader risk aversion early on, with JPY
crosses lower & the Nikkei 225 trading defensively during Thursday's session.
- A second round of support came from tighter spreads & lower offer/cover ratios
in the BoJ's latest round of 5-25+ Year Rinban ops.
- Contract last +22, 5 off afternoon highs, while the cash curve has bull
flattened, with swaps generally a touch wider across the curve.
- CPI and flash PMI data headline the local docket on Friday, with 3-Month bill
issuance and enhanced liquidity auction for off the run JGBs with 1-5 Years
until maturity will also be held.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.