TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Softer At The Lunch break, 10y Yield Close to 1.04%, Climate Bond Auction Soon

JGBS

JGB futures sit close to session lows at the lunch time break. JBM4 last at 143.47, -.05 versus settlement levels.

  • We haven't tested before lows from the start of yesterday's session, but the downside bias remains intact.
  • Coming up shortly we have the 10yr climate transition bond sale. News flows has been fairly light, with FinMin Suzuki crossing the wires earlier, with comments on FX and wage growth outpacing inflation the major focus points.
  • Earlier data showed the PPI for the services sector accelerating to 2.8% y/y, versus 2.3% forecast.
  • In the cash JGB space, yields have ticked higher at the back end. The 10yr is near 1.04%, the 30yr close to 2.19%. The 10yr swap rate has ticked higher to 1.06% as well.
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.