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The longer end of the JGB curve has............>
JGBS
JGBS: The longer end of the JGB curve has experienced some concession ahead of
today's 20-Year supply, with the line looking a little expensive vs. its longer
dated counterparts, however, some expect short covering requirements and an
attractive carry and roll to add some support to the supply.
- Nevertheless the curve has experienced some modest steepening during morning
trade.
- Futures have stuck to a tight range in early dealing.
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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