0007 GMT - JGB futures rise in the morning Tokyo session, aided by easing inflation concerns. One driver was likely the overnight slide in oil prices after President Trump said the U.S. will postpone strikes on Iranian energy infrastructure for five days. Another driver was probably Japanese data released earlier that showed Japan's consumer prices rose at a slower pace in February. Focus could shift to the Finance Ministry's auction today of about 400 billion yen of 40-year JGBs. "Factoring in the auction being the very last super-long auction of FY25, we expect it to clear smoothly," says Miki Den, senior Japan rates strategist at SMBC Nikko Securities, in a research report. The benchmark 10-year JGB futures are 0.30 yen higher at 131.09 yen. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 23, 2026 20:07 ET (00:07 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments