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Subsidies & BoJ At The Fore

JGBS

There has been little in the way of notable tier 1 headline flow out of Japan since the close of business on Tuesday, with futures sticking to a tight range in overnight trade, closing 1 tick below Tokyo settlement levels.

  • The Nikkei has suggested that the Japanese government is considering extending the length of its program offering subsidies to companies that are maintaining employment levels amid the resurgence of coronavirus, with the scheme set to be extended through the period that Japan's COVID state of emergency is in play. After that, a gradual phase out will be implemented.
  • 1-10 Year BoJ Rinban ops headline locally on Wednesday.
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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