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JGBs have started 2019 on the front foot.......>

JGBS
JGBS: JGBs have started 2019 on the front foot last dealing 40 pips or so higher
as the Nikkei 225 sheds ~3.5%. Market reacting to lower U.S. Tsy yields, worries
over Apple's earning outlook, a firmer JPY & the FX flash-crash.
- The Nikkei report that the BoJ is considering cutting its inflation outlook at
its Jan MonPol decision is also adding further support.
- Cash curve sits flatter, with 10-Year JGB yields at -0.037%, a level not seen
since Nov 2016.
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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