Free Trial

Modest Rally, 20-Year Supply Eyed

JGBS

JGBs have participated in the broader rally witnessed in core FI markets, although there has been a distinct lack of idiosyncratic news flow. The curve has bull flattened, with 30s and 40s running ~1.5bp richer on the day, while the remainder of the major benchmarks print around 0.5bp richer vs. Monday's close. Futures have moved away from their morning peak, sitting +5 at the break. Focus remains on this afternoon's 20-Year JGB supply.

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.