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Mixed In Cash, Futures Pressured

JGBS

Mixed performance across the curve, with 7s underperforming as futures sold off, as the latter finished the morning 12 ticks softer than settlement levels, likely linked to weakness seen in U.S. Tsys in late NY/early asia-Pac trade.

  • Little in the way of major news flow has crossed during the Tokyo morning, with most of the local focus falling on speculation surrounding the potential cancellation of this year's Tokyo Olympics. Re: that matter, PM Suga has stressed that he wants the event to go ahead, with various officials also stating that the games will be held.
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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