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The theme of twist steepening of the cash......>

JGBS
JGBS: The theme of twist steepening of the cash curve prevailed until the
lunchbreak, with 2s outperforming on the day, even ahead of 2-Year supply,
although the bid evident in the rest of the belly mostly unwound as we ground
through the morning on the broader risk dynamic.
- Futures finished the morning session 13 ticks below settlement, but bears
failed to force a break through 152.00.
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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