Japan finance ministry 30 year Japanese Government Bond auction bid-to-cover ratio 2.92
- prior sale 3.07
- & 12-month average 3.39
- weakest demand ratio since 2023 (in December 2023 ut was 2.615)
- average yield 2.904%, yield at lowest accepted price 2.938%
- auction tail at 0.49 yen versus 0.30 yen at previous auction
Not strong results in Japan.
Finance minister Kato
This article was written by Eamonn Sheridan at www.forexlive.com.
