Trial now
JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

JGBS
JGBS: JGB yields rose sharply on Friday following comments from BoJ Gov Kuroda,
suggesting that the BoJ may consider exiting its ultra-loose monetary policy
stance around FY19.
- Barclays believe that the "market overreacted given that the actual comments
were conditional on CPI inflation reaching the 2% price stability target at that
time." Barclays suggest that today "could see buybacks overall, led by futures,
where there was a switch to the buy side at the end of last week. The BoJ is not
scheduled to hold any buying operations today. This week's highlights include
the 30y JGB auction on Tuesday and a two-day BoJ MPM ending on Friday (we expect
policy to remain intact)."
- Focus will likely be driven by risk-on/off flows stemming from the Italian
elections.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com