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The global impetus once again dragged..........>

JGBS: The global impetus once again dragged futures lower in overnight trade,
with bears now looking to 151.06, the Mar 24 low, as the next level of technical
- a reminder that Nikkei sources have suggested that "Japan is poised to let
business travellers from some countries bypass a two-week coronavirus quarantine
requirement as soon as this summer, with proof of a negative virus test result".
- Elsewhere, after hours Thursday saw Japanese Economy Minister Nishimura note
that Japan's latest stimulus package is estimated to boost real GDP by ~2.0%.
- Finally, on the issuance front, Indonesia revealed that it plans to offer
Samurai bonds in H220.
- 1-10 Year BoJ Rinban ops headline locally today, with Japanese household
spending data also due.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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