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JGB last trade at 150.87 (-2 ticks), with......>

JGBS
JGBS: JGB last trade at 150.87 (-2 ticks), with the 20-30 Year sector of the
curve underperforming in cash dealing.
- Longer dated paper opened lower and never really looked like recovering in the
morning session as markets shrugged off the US-led bombing campaign on Syria,
with the space largely consolidating in afternoon dealing
- Swaps were wider outside of the 10-30 Year sector.
- The likes of Morgan Stanley MUFG & JPMorgan hold bullish outlooks for the long
end of the curve based upon the supply/demand mix & heightened USD funding
costs.
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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