Lead December JGB futures open higher, maintaining the solid momentum gained following LDP chief Abe's comments on negative interest rates Thursday; the contract is currently up 0.11 at 144.70. Deutsche Securities strategist Makoto Yamashita says Friday's focus is on Abe's comments and whether he touches on fiscal expansion, which would put steepening pressure on the JGB yield curve. The benchmark 10-year cash JGB yield is currently down 0.5 bp at 0.725%.
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