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Limited to no reaction in JGBs on the back.....>

JGBS
JGBS: Limited to no reaction in JGBs on the back of comments from BOJ Deputy
Gov. Amamiya noting that he doesn't expect JGB yields to ratchet higher and that
the recent tweaks to the BOJ's MonPol do not represent a reduction to the level
of easing employed by the Bank.
- Amamiya also noted that there is a limit to the amount that banks can lower
interest rates.
- JGB futures continue to hover around 150.00 after the early leg higher, with
10-Year JGB yields 0.2bp higher on the day at 0.130%.
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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