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Several Supportive Factors In Play After Holiday

JGBS

JGBs should receive some support as participants return from the elongated Japanese weekend, given the fact that 10-Year U.S. Tsys have rallied by the best part of 10bp since Friday's Tokyo close, with the potential extension of the state of emergencies in play in Tokyo & other areas and presence of BoJ Rinban ops (covering 5- to 25-Year paper) also set to provide supportive. Elsewhere, the BoJ will publish the outdated minutes from its March meeting.

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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