Free Trial

JGBS are about to open Tokyo at 150.17, they...>

JGBS
JGBS: JGBS are about to open Tokyo at 150.17, they ended the overnight session
lower but off of the days lows moving alongside Tsys on risk off bidding post
Spain/Catalan vote and US Las Vegas shooting whereby the death toll is currently
above 50. 
- At the start of the overnight session JGB's dipped with Tsy's on very strong
60.8 Sept. US ISM Manufacturing Index, highest since 1987.
- Already hearing of some block trading in Tsy's, bouncing on the Asia open so
that may assist JGB's on the Tokyo open, Monetary Base figures and Tankan price
forecasts data out in 10 minutes.
- Today Japan will sell Y2.3tln 10-Year bonds, the 10-Year Yield is currently up
1bp, spreads are tight.

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.