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JGBs will open for their first session of......>

JGBS
JGBS: JGBs will open for their first session of 2019 today. Traders will have to
gauge the spill over from lower U.S. Tsy yields, worries over Apple's earning
outlook, a firmer JPY & the FX flash-crash in today's session.
- 10-Year JGB yields finished 2018 at 0.003%.
- Also worth highlighting the Nikkei piece which suggested that the BoJ "is
considering lowering its fiscal 2019 forecast for consumer price growth (at this
month's MonPol decision) to around 1% from last October's projection of 1.4%.
Policymakers are also looking at a minor downward revision to the fiscal 2020
forecast of 1.5%."
- The BoJ's Rinban operations covering 5-10 Year paper will also draw interest.
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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