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JGBS have recovered some of their losses but...>

JGBS
JGBS: JGBS have recovered some of their losses but the 10-year future, currently
at 157.75, remains firmly below its 50DMA, with the next level of support at the
100DMA (currently at 150.59). 
- Breakevens rose for the second consecutive day with the 10-year at 0.588, a
monthly high. 
- Focus will turn to the release of US retail sales ahead of Japan's preliminary
Q1 GDP release tomorrow, where close attention will be paid to the deflator. 

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