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Japanese MOF sells Y2.1885tn 10-Year JGBs:


No Test Of 2.50% In 10s

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  • Local & USD rates trade mixed at the open, following on from softer risk sentiment during the APAC session.
  • Local bonds went offered in yesterday's session, bear flattening in short-dated yields as differences emerged in US-Russia agendas for the Biden-Putin Summit.
  • Risk premia remained little changed, pegged within the 96-98 range.
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MNI London Bureau | +44 020-3983-7894 |

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