MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

MNI China Daily Summary: Wednesday, July 24

IFO disappoints

MNI: GERMANY JUL IFO BUSINESS CLIMATE INDEX 87

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Slightly Stronger, Fading NY Weakness in US Tsys

JGBS

JGB futures extend marginally through post-Tokyo trade lows but quickly retrace back to levels higher than the close of overnight dealing, +7 vs. settlement levels. The move from low has been assisted by slightly firmer pricing in US Tsys in Asia-Pac trade, as well as the previously outlined JiJi sources piece re: potential BoJ inflation projections for FY25.

  • Cash JGBs are flat to 0.7bp richer across the curve with the benchmark 10-year yield 0.4bp lower at 0.481%, just below the BoJ's YCC limit of 0.50%.
  • Swap spreads are marginally tighter across the curve.
  • A liquidity enhancement auction for off-the-run 5- to 15.5-Year JGBs will take place today.
  • Appearances in Parliament from Deputy Governor Uchida (0204 BST) and BoJ Governor Ueda (0236 BST) are also scheduled for today.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.