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Seemingly Well Supported Ahead Of Supply

JGBS

Futures now +6 on the day, after an early look lower at the re-open. The
wings of the cash curve outperform in early Tokyo trade, with little sign of
long end concession ahead of today's 40-Year supply. Swaps generally
wider across the curve, with no movement in the LCH/JSCC swap
differentials.

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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