Free Trial
USDCAD TECHS

Watching Support

JGB TECHS

(M2) Approaching Key Resistance

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
JGBS
JGBS: The 10-Year JGB declined 7 ticks post Monetary Policy Meeting results
which saw all rates left unchanged and yield curve control left as is. Prior to
this release despite a downturn in consumer spending for the third quarter in
Japan and lower industrial production for September the 10-Year JGB held gains
made on the overnight, the 10-Year JGB last at 150.46.
- In other data in Japan construction orders came in lower, annualized housing
starts higher and vehicle production also lower so a very mixed bag on data. 
- Looking ahead into a new month Barclays predict: "In its bond-buying plans for
November, we expect the BoJ to leave its JGB-purchasing ranges unchanged across
all sectors. Given the recent yield levels and low volatility, yield curve
control appears to be functioning smoothly, suggesting no major need to change
those ranges." 
- Tomorrow sees Japan auctions 3-Month bills and 10-Year bonds.
- Yields down across the curve within a tight range, the 10-Year last flat.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.