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

Analysis details (00:54)

- 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. 

28 Aug 2014 - 00:45 - Fixed Income - Source: RANsquawk

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