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

JGBS
JGBS: JGB futures were underpinned by the broader risk-off flows in Tokyo hours,
but trade off best levels, last 6 ticks higher on the day, consolidating the
uptick that was noted in the overnight session.
- Yields trade marginally mixed at writing.
- BoJ Deputy Governors Wakatabe & Amamiya offered little new in an appearance in
front of parliament. Wakatabe noted that the Bank needs to continue to improve
the functioning of the JGB market.
- Elsewhere, finance Minister Taro Aso noted that he doesn't believe that there
is the need for a restriction on the short selling of JGBs.
- Focus tomorrow turns to CPI data as well as a liquidity enhancement auction
for 1-5 Year JGBs.
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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