ASIA-PAC FIXED INCOME UPDATE: Focus turns to the looming 10yr JGB auction
USTs: +2 ticks
- Attempted to nurse some of the prior day's losses after pressure was seen across the curve yesterday, with global fixed income weighed on by the recent comments from BoJ Governor Ueda, who hinted about a December rate hike, while treasuries were also not helped by a slew of corporate issuances and as rising crude prices bolstered inflation expectations.
Bunds: -1 tick
- Languishes at the prior day's trough after suffering from the global bond selling, and as a EUR 4.5bln Schatz issuance looms.
JGBs: +7 ticks
- Kept afloat, albeit with upside capped in the absence of tier-1 data and with participants awaiting a 10-year JGB auction.
02 Dec 2025 - 03:23- Fixed IncomeAsian Research- Source: Newsquawk
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