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Tracking Broader Impetus

JGBS

JGBs have followed the broader ebb & flow witnessed in U.S. Tsys since catching up to Monday’s weakness in the U.S. fixed income space. That left futures -14 at the lunch bell, a touch above early Tokyo lows. Meanwhile, the major cash JGB benchmarks run little changed to nearly 2bp cheaper on the day, with 7s leading the weakness on the curve. BoJ Governor Kuroda failed to introduce any news topics into the pool of familiar reference points when it comes to BoJ rhetoric.

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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