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The JGB curve steepened on Tuesday, with.......>

JGBS
JGBS: The JGB curve steepened on Tuesday, with demand for shorter dated paper
evident throughout the session, while longer dated paper eased in the wake of
the 20-Year JGB auction, although the results of the auction were more
encouraging than April's offering.
- Today's focus will fall on the BoJ's Rinban operations covering the 1-5 &
10-25+ Year buckets.
- Barclays suggest that "today could see ranges trade across the curve in the
absence of any significant catalysts after US Tsys showed little price action
overnight."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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