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No Real Movement As BoJ Sticks To Script, Breaking Run Of Unscheduled Purchases

JGBS

JGBs little changed as the BoJ only delivers the scheduled round of 5- to 10-Year fixed rate buying operations, breaking a run of 4 straight days of unscheduled Rinban and fixed rate purchases, with 10-Year JGB supply preventing such interjections in the usual window (ss we suggested may be the case earlier. Futures +4 last. The Bank could of course step in later in the day if deemed necessary, with 10-Year JGB supply providing the key domestic risk event on Thursday.

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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