Free Trial

The Tokyo morning provided another tight.......>

JGBS: The Tokyo morning provided another tight session for JGB futures, with
little in the way of news flow apparent outside of the BoJ leaving the size of
its 1-5 & 10-25+ Year JGB Rinban operations unchanged.
- Offer to cover ratios of the operations were as follows:
- 1-3 Year 2.75x (prev. 2.73x), 3-5 Year 2.92x (prev. 1.32x), 10-25 Year 2.60x
(prev. 3.94x), 25+ Year 4.71x (prev. 3.60x)
- Futures have tested familiar resistance levels again.
- Yields trade unchanged to a touch lower across the curve.
- The Nikkei 225 finished the morning session 1.8% higher in the wake of a
positive session for U.S. equity indices on Friday, with the JPY modestly
underperforming among G10 FX.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.