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Pressure Likely

JGBS

JGB traders return after the elongated Tokyo weekend and will need to assess the spill over from the previously flagged cheapening & steepening witnessed in the U.S. Tsy space on Monday. Final manufacturing PMI data for the month of December provides the only real reference point on Tuesday’s local docket, with Wednesday’s 10-Year JGB supply providing the first notable focal point for JGB participants when it comes to the new calendar year.

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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