(M0): Boost Short-Lived *RES 3: 156.02....>

JGB TECHS: (M0): Boost Short-Lived

*RES 3: 156.02 - High Mar 10 and key resistance

*RES 2: 154.56 - High Mar 13

*RES 1: 153.50 - High Mar 16

*PRICE: 152.45 @ 16:10 BST, Apr 23

*SUP 1: 150.70 - 1.0% 10-dma envelope

*SUP 2: 150.61 - Low Mar 19

*SUP 3: 150.00 - Psychological round number

After a series of particularly quiet sessions, JGB futures jerked higher in late

US hours in response to a Nikkei report that the BoJ could consider unlimited

bond buying. The rally was short-lived, however, keeping the short-term outlook

mildly positive. Targets remain at 153.50 initially ahead of 154.56. To the

downside, targets sit at the 151.52 low, which opens 150.61 next as well as the

psychological 150.00 handle further out.