- Home
- Policy
- G10 Markets
- Emerging Markets
- Commodities
- Data
- MNI Research
- About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessPREVIEW: Caution Evident Ahead Of 30-Year Supply
The Japanese MOF will today sell Y900bn of 30-Year JGB's re-opening JB#67. The MOF last sold 30-Year debt on August 18, the auction drew cover of 3.445x at an average yield of 0.617%, average price of 99.57, high yield of 0.625%, low price of 99.35, with 26.1213% of bids allotted at the high yield.
- While some eye seasonal flows as a potential source of outright support in the coming weeks, most remain wary of the supply pressure evident in the longer end of the curve, with a lack of relative BoJ Rinban support also evident.
- Still, there is a bias towards steepening within the sell side which may see the traditional positioning headwinds limit any such move, absent of fresh fundamental drivers. The 5-/30-Year yield spread hovers around the middle of the range witnessed since the start of July.
- Some may look for ASW entry given the current levels.
- Last month's auction was weak, and the short turnaround in between auctions may provide a further headwind for the space.
- Results due at 0435BST/1235JST.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.