April 06, 2022 23:33 GMT
Spill Over From U.S. Tsys Eyed, 30-Year Supply Due
JGBS
JGB futures added 3 ticks in overnight dealing, with U.S. 10-Year Tsy futures going out above the level observed at the end of Tokyo trade, in a twist steepening move, which may spill over into early Tokyo hours.
- Setup ahead of 30-Year JGB supply may add to any steepening pressure, with the recent pressure in the super-long end potentially creating some apprehension at today’s auction. We will also get comments from BoJ’s Noguchi.
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