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JGBs have operated in an orderly manner,.......>

JGBS
JGBS: JGBs have operated in an orderly manner, with futures last 2 ticks lower
at 150.84.
- The belly of the curve outperformed, although yields were higher across the
board.
- Swaps were tighter in the main.
- The latest 10-Year JGB auction passed smoothly, with the low price slightly
higher than expected and a solid enough bid to cover leading to a narrow tail.
- Talk of hedging ahead of corporate supply has been doing the rounds.
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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