Free Trial

JGB's seeing heavy buying in the belly, the....>

JGBS
JGBS: JGB's seeing heavy buying in the belly, the on the run 7-Year (#335) which
is currently the CTD 10-Year JGB future has seen heavy buying, yield down 0.9bp
at -0.062%, the 10-Year yield last down 0.7bp at 0.028% and briefly touched the
lowest level since May 8 at 0.025%.
- Futures are bid, last up 7 ticks at 150.84, just off a session high of 150.87,
this is the highest since May 8, the YTD high is at 151.19.
- The move higher comes on the back of overnight buying in US tsys after Trump's
government shut down comments. The strong performance of the liquidity
enhancement auction also providing a bid to the sector.

To read the full story

Close

Why MNI

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.