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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Daily Summary: Monday, December 9
Testing Key Levels
JGB bears continued to test the 0.10% level in 10-Year JGB yields, with futures closing -11, after threatening, but ultimately failing to make a clean break below the June '20 lows. The aforementioned benchmark hasn't printed sustainably above the 0.10% level since H218. The belly underperformed in cash trade.
- Japanese CPI data for January was virtually in line with expectations and wasn't as soft as the readings witnessed in December.
- The latest round of 1-10 Year BoJ Rinban ops saw the purchase sizes left as they were, with the offer/cover ratios nudging lower.
- 10-25+ Year BoJ Rinban ops and services PPI data headlines Monday's local docket.
To read the full story
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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.