[MARKET ANALYSIS] JGBs languishes near this week's trough after recent curve steepening and with comments from BoJ hawkish dissenter Takata
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USTs: +2.5 ticksEkes slight gains, albeit with price action contained following the prior day's choppy performance and with US supply due later, including a 7yr note auction.Bunds: +3 ticksLacks conviction after recent indecision and with very few fresh catalysts from the bloc.JGBs: -18 ticksLanguishes near this week's trough after yesterday's selling pressure and curve steepening on stronger growth prospects after the Takaichi government nominated two staunch reflationists for the BoJ board, while there were recent comments from hawkish BoJ dissenter Takata who stated that the BoJ should make a further “gear shift” on rates and communicate on the assumption its price target is almost achieved.
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