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Mixed In Cash Trade, Futures Around Overnight Closing Levels


The space has looked through the slightly firmer than expected final Q2 GDP reading and BoP data for the month of July, with futures a touch above their overnight closing levels, last dealing -6 on the day. Yields are little changed across the JGB curve, sitting within -/+0.5bp of Tuesday's closing levels, with the previously outlined local news flow having no tangible impact on the space. Early Tokyo futures roll activity has been led by sellers.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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