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Unchanged To Softer, Even With A State Of Emergency Looming

JGBS

JGBs have had little to go off, with focus on the impending formal declaration of the state of emergency covering Tokyo, Osaka, Kyoto and Hyogo prefectures, which is set to be in play between April 25 & May 11. Futures -5 at typing, with the early uptick more than unwound during the Tokyo afternoon, while yields are little changed across the cash JGB curve. 1- to 10-Year BoJ Rinban operations headline the local docket on Monday.

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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