Free Trial

JGBs erased the bulk of their overnight........>

JGBS: JGBs erased the bulk of their overnight session losses & finished the
morning session a tick lower at 150.85, on the risk off flows stemming from US
President Trump's fresh tariff proposals, although the recovery in the Nikkei
225 allowed JGB futures to move back from best levels..
- The curve was once again steeper as super-long paper underperformed for a
second consecutive session.
- The latest BoJ Rinban operations seemed to have been conducted on fairly
favourable terms, as the 1-3 Year bucket's offer to cover ratio eased, allowing
the spread at which the ops are conducted to move back into negative territory,
while the 3-5 Year bucket's results were relatively stable.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



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.