(Reuters) - Selling resumed after traders confirmed prices were top-heavy
despite favourable external factors, with trend-following CTA
funds seen unwinding long JGB positions and Japanese megabanks
holding off from boosting JGB holdings on the rise in yields.
Traders also said some were seen hedging against the 500
billion yen offer of inflation-linked 10-year
JGBs this session. Concerns about a 2 trillion yen sale in
five-year JGBs next week further weighed on prices, traders said.
Read more at Reuters.com Bonds News
despite favourable external factors, with trend-following CTA
funds seen unwinding long JGB positions and Japanese megabanks
holding off from boosting JGB holdings on the rise in yields.
Traders also said some were seen hedging against the 500
billion yen offer of inflation-linked 10-year
JGBs this session. Concerns about a 2 trillion yen sale in
five-year JGBs next week further weighed on prices, traders said.
Read more at Reuters.com Bonds News
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