Free Trial

Returning From Holiday

JGBS

Participants will need to assess the latest round of cheapening in the long end of the U.S. Tsy curve as the JGB market returns from Tuesday's holiday hiatus. Note that futures softened in the pre-holiday overnight session, alongside weakness in the U.S. Tsy space, shedding 13 ticks vs. Monday's Tokyo settlement levels.

  • There hasn't been much in the way of meaningful local news flow to digest since Monday's Tokyo close, outside of Japan participating in the coordinated oil stockpile release being undertaken by some of the major oil consuming nations.
  • Wednesday's local docket is headlined by BoJ Rinban operations covering 1- to 10-Year JGBs. Flash PMI data is also due.
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.