ASIA-PAC FIXED INCOME UPDATE: Horizontal trade in the West, but Japanese long-end yields drop
Analysis details (02:47)
10yr UST futures trade sideways in APAC hours after rallying as part of a broader global sovereign bid in US hours, with the belly outperforming while the front-end underperformed amid a weak 2yr auction. Bund futures were similarly flat on either side of 138.00 in the run-up to the ECB policy announcement on Thursday. 10yr JGB futures are also firmer after taking the lead from western counterparts, whilst the yields in the 20yr and 30yr JGBs fell after the BoJ increased its bond-buying in the long-end to curb the recent surge in yields.
26 Oct 2022 - 02:47- Research Sheet- Source: Newsquawk
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