News Headline Summary
JGBs open 6 ticks higher at 146.30, the highest level since 2013, amid spill-over buying following yesterdays rally USTs, German Bunds and UK Gilts
- Of note, today the MoF is conducting a JPY 2.7trl 2yr JGB auction at 0445BST/2245CDT.
- Analysts at IFR also note that several domestic corporate pension funds have been selling JGBs across the curve for the last 1-week, contrary to expectations that the majority of them will buy long-term and super-long JGBs for their month end duration adjustments.
23:49, 27 Aug 2014 -
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