JGB Futures Fall, Tracking U.S. Treasury Market’s Weakness

0017 GMT — JGB futures fall in the morning Tokyo session, tracking the U.S. Treasury market’s price weakness overnight. Both JGBs and Treasurys tend to move in tandem. Investors could adopt a cautious mood ahead of the BOJ’s decision and Gov. Ueda’s post-meeting media briefing due later today. Market participants will be looking for clues about the near-term path of policy at the BOJ’s meeting, says Fawad Razaqzada, market analyst at City Index and FOREX.com, in an email. Many analysts are anticipating a BOJ rate increase to occur in December, the analyst adds. The 10-year JGB futures are 0.23 yen lower at 135.90 yen. (ronnie.harui@wsj.com)

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