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JGBs also drew support from the broader........>

JGBS
JGBS: JGBs also drew support from the broader risk-off flows evident in Asia-Pac
trade, futures last +21 ticks as we move towards the close, 4 ticks shy of Tokyo
peaks, as the cash curve bull flattens.
- The latest BoJ decision provided little in the way of surprises for
participants to digest, as the Bank left its monetary policy settings unchanged,
with the usual dissenting votes, delivering a marginally higher growth outlook,
as it nudged its inflation outlook lower and provided a risk assessment that was
inline with the recent rounds of BoJ rhetoric.
- Focus now moves to Governor Kuroda's press conference, due later today.
Wednesday will bring an enhanced liquidity auction for off the run JGBs with
5-15.5 Years until maturity.
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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