Free Trial

MNI technical analysis shows JGB futures.......>

JGBS
JGBS: MNI technical analysis shows JGB futures have just run into a key
resistance level at 150.92, the April 26 low now resistance, beyond this the
next resistance is 151.08 the May 1 high and then 151.19 the YTD high.
- Sources noting a short squeeze adding fuel to this move higher, shorts have
been struggling since early August when JGB futures were holding around the
150.00-10 level. Over the past 3 days OI has increased by around 5k this week.
- 151.00 puts are again the most active options in the 10-Year future with
around 800 going through today.

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.