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JGBs went into the lunch break shy of..........>

JGBS
JGBS: JGBs went into the lunch break shy of opening levels/overnight session
highs, but still 4 ticks higher than settlement, as a combination of a lower
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
0.015%.
- As a reminder, the space will observe an extended holiday weekend owing to the
New Year holiday 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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