Lead December JGB futures open lower as the yen continues to weaken against the U.S. dollar, but analysts don't expect heavy trading as the U.S. and Japan markets gear up for holidays; the contract is currently down 0.06 at 144.50. "With no new standout trading clues, the market should develop with investors keeping an eye at the stock and currency markets," says Mitsubishi UFJ Morgan Stanley Securities fixed-income strategist Katsutoshi Inadome. The benchmark 10-year yield is currently up 1 bp at 0.740%.
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