JGB's went into the Tokyo close slightly.......>

JGBS: JGB's went into the Tokyo close slightly higher yesterday. Futures

initially opened slightly lower tracking moves in US tsys, the contract hit lows

of 150.66 the Aug 23 low and bounced back to recover into the lunch break.

Buyers took hold in the afternoon session as Japanese stocks dropped from highs

in what was a quiet session ahead of the FOMC and BoJ. Yields mostly lower

across the curve, some bull flattening ahead of the 5-15.5 Yr enhanced liquidity

auction tomorrow. 10-Yr yield last up 0.4bp at 0.033%, bucking the trend across

the curve, swaps outperforming yields in the sector up 0.7bp at L-19.5bp.

- All focus will be on the BoJ policy meeting today. JGB's set to open Tokyo

sharply lower after dropping alongside US tsys on a hawkish FOMC.