The JGB 10-Year was last at the same level.....>

JGBS: The JGB 10-Year was last at the same level it closed at on yesterday's

Tokyo session (150.40,) on the overnight the 10-Year future moved higher

alongside U.S Treasuries to 150.46, NY went higher with the assistance of block

trades. The JGB 10-Year ebbed 5 ticks on the Tokyo session as Japan August the

Core Machinery Orders came in at their highest level since July 2016 then the

10-Year JGB came up 5 ticks post auction results. 

- The JGB 30-Year auction was covered 3.979x from 3.67x on the previous auction

on the same line, Bloomberg underestimated the low price at 97.95, the low price

was 98.00 and the average yield came in at 0.881% from 0.832%.

- The 10-Year yield was last up 0.8bp and the 30-Year up 0.2bp. Long end spreads

have tightened over the last few Tokyo sessions ahead of the abovementioned

auction.