Free Trial

Mixed Start With Futures Off Best Levels As Onshore Matters Joust With Wider Inputs

JGBS

JGB futures have pulled back from their overnight high to last print +11, with domestic matters (speculation re: the potential for further BoJ policy tweaks and the firmer than expected core Tokyo CPI print), as opposed to the post-U.S. data bid in global core FI observed since Friday’s Tokyo close, seemingly catching the eye of Tokyo participants. Cash JGBs run between 1bp richer and 1bp cheaper, in a non-uniform manner, with 10-Year yields continuing to hover around the upper boundary of the BoJ’s YCC parameters.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.