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Rinban & Budget Matters Eyed

JGBS

JGB futures shed 5 ticks overnight as U.S. Tsys cheapened.

  • Local news flow has centred on an NHK report, which pointed to a 16-month budget compilation aiming to underscore the virtuous cycle of growth and redistribution outlined by Japanese PM Kishida.
  • Wednesday's local docket brings about the monthly trade balance and core machine orders readings, as well as the latest round of BoJ Rinban operations (covering 1- to 3-, 5- to 10- & 25+-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

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