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Little to report for the space in terms of.....>

JGBS: Little to report for the space in terms of early Tokyo news flow, with the
2-4 sector of the curve well bid, again, in the wake of Friday's BoJ Rinban plan
adjustment and sector positive 1-3 Year BoJ Rinban op results on Monday.
- 7s underperform, even with futures now back to unchanged on the day, unwinding
the overnight losses given the late session moves in Tsys.
- Yields elsewhere a little richer on the day.
- Meanwhile, the swap curve has twist steepened.
- As mentioned earlier, 10-Year supply dominates the local docket today.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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