Free Trial

Super-long JGBs outperformed on Thursday,......>

JGBS
JGBS: Super-long JGBs outperformed on Thursday, supported by risk off flows in
Asia-Pacific hours.
- The latest liquidity enhancement auction for 5-15.5 Year JGBs cleared smoothly
enough , but traders seemed cautious in the afternoon and were unwilling to
chase prices higher.
- The BoJ will conduct Rinban operations today, which will cover the 1-10 Year
buckets.
- Barclays suggest that "today could see the JGB curve continue to bull-flatten
slightly amid risk-off flows after US and European yields continued to fall
overnight. The BoJ is scheduled to conduct buying operations for 1-5 Year and
5-10 Year issues and we believe it is likely to purchase JGBi as well."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.