Free Trial

The 10-Year JGB ended the Tokyo session........>

JGBS
JGBS: The 10-Year JGB ended the Tokyo session lower Friday moving alongside U.S.
Tsy's, sources noted the volumes in Tsy's were especially good for the session
and the decline was flow related, at around 0450GMT/1350JST a source noted TYZ7
was sold down to 125-02 in 5k.
- The 10-Year JGB closed the Tokyo session at 150.84 and has further sank lower
and the 10-Year yield was last up at 0.041% from remaining below 0.030%
throughout yesterday's Tokyo session. 
- Earlier in the session JGB's rose ahead of the BOJ's purchasing operations
(left unchanged for 5-10, 10-25 and 25+ Years) to then come down and rise again
as Japanese stocks plummeted, the Nikkei 225 closed down 187.29pts in the end.
- The Japanese Party of Hope picked Yuichiro Tamaki to serve as co-leader
alongside founder of the party Yuriko Koike during the session and the September
Japanese Tertiary Index data came in down 0.2%, expected to be -0.1% and from
-0.2% on the prior month.
- Markets eye the APEC Summit in Da Nang, Vietnam.

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.