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Very Tight Start

JGBS

JGB futures struggle to generate anything in the way of meaningful conviction, sitting +1 at typing, oscillating around late overnight session levels, with a lack of notable headline flow apparent during the early rounds of Tokyo trade. Cash JGBs are essentially unchanged across the curve, with swap rates seeing an incremental bias higher. The impending BoJ Rinban operations provide the focal point of today’s domestic docket.

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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