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Little to pen for JGBs today. Futures last.....>

JGBS
JGBS: Little to pen for JGBs today. Futures last deal 3 ticks higher after
sticking to a tight range in Tokyo hours. Minor outperformance in the super-long
end noted in the cash space after 2 consecutive days of bear steepening.
- BOJ Governor Kuroda offered little new in his latest address, with the same
holding true for Japanese Finance Minister Aso.
- The BOJ left the size of its 1-10 Year Rinban operations unchanged, offer to
cover ratios as follows: 1-3 Year 3.86x (prev. 3.65x), 3-5 Year 2.51x (prev.
4.57x), 5-10 Year 2.05x (prev. 2.73x)
- Trade data, an address from BoJ's Harada & 20-Year supply headline tomorrow's
docket.
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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