Free Trial

Tight Tokyo Trade

JGBS

JGB futures have lacked a clear sense of direction and print 2 ticks lower on the day at typing, while cash trade sees the major benchmarks trade within -/+ of Thursday’s closing levels. The MoF confirmed its issuance plans for the next FY, which fell in line with suggestions that were made in source reports earlier this week. Meanwhile, the latest round of BoJ Rinban operations provided no real impetus for the space. Also note that the BoJ conducted its latest round of JGB repo operations, perhaps looking to remove worry re: any potential gyrations in the space between Christmas & the turn of the calendar year.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

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.