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Tankan & 10-Year Supply On Deck

JGBS

JGB futures shed 5 ticks in overnight trade, but bears failed to threaten the 152.00 level.

  • LDP Secretary General Nikai has downplayed the prospect of Japanese PM Suga calling a snap election, while he also noted that he would support fresh fiscal stimulus, if required, in an interview with the Nikkei.
  • On the corporate credit side, after hours Wednesday saw Rakuten confirm that it has hired banks to issue Y100bn worth of subordinated paper on its behalf.
  • The latest BoJ Tankan survey headlines the local docket today, with a particular focus on the CapEx metrics. Elsewhere, 10-Year JGB supply will be eyed.
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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