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JGBs have moved back towards best levels in....>

JGBS
JGBS: JGBs have moved back towards best levels in the afternoon session, and
trade 11 ticks higher on the day last. The contract eased back from best levels
in the morning session, as a softer Nikkei 225 & firmer JPY did little to
inspire bulls.
- The space ignored the latest round of domestic data, and talk from one BoJ
member (as revealed in the summary of opinions from the Dec MonPol meeting) re:
allowing 10-Year yields to temporarily trade sub-0%. 10-Year yields last deal at
0.006%.
- As a reminder, the space will observe an extended holiday weekend owing to the
New Year period, re-opening on Thursday
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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