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JPY & JGBs Not Fussed By BoJ Rinban Operations

CROSS ASSET

JPY & JGBs look through the announcement of the second round of BoJ fixed rate operations from the BoJ, as the Bank looks to enforce the upper end of its permitted 10-Year JGB yield trading band. JGB futures saw a marginal blip higher, but there has been nothing in the way of lasting nor notable impact on the space. 10-Year JGB yields last printing 0.251%, incrementally above the top of the Bank’s permitted range.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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