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The 10-Year JGB declined 7 ticks post..........>

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.

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