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JGBS

Tokyo trade saw JGB futures stick to the range witnessed during the overnight session, closing -1, with a solid round of 2-Year JGB supply seen. Cash trade saw some light outperformance for the long end for most of the day, although shorter dated paper started to play catch up into the bell.

  • There wasn't much of any real note on the local news flow front, with the latest round of retail sales data showing little in the way of deviation vs. expectations.
  • Friday's local docket brings the release of the monthly labour market report, Tokyo CPI and prelim industrial production, in addition to the latest round of BoJ Rinban operations.
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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