Business & Finance
Japan 30-Year Bond Sale Sees Firmer Demand Than 12-Month Average
Key Points
Bonds Japan 30-Year Bond Sale Sees Firmer Demand Than 12-Month Average Japan’s 30-year bond auction drew stronger demand than its 12-month average as high yields attracted investors. The bid-to-cover ratio at Thursday’s sale was 3.86 compared with 4.55 at the previous auction and a 12-month average of 3.49. Japan’s bonds held gains after the sale.
Bonds
Japan 30-Year Bond Sale Sees Firmer Demand Than 12-Month Average
Japan’s 30-year bond auction drew stronger demand than its 12-month average as high yields attracted investors.
The bid-to-cover ratio at Thursday’s sale was 3.86 compared with 4.55 at the previous auction and a 12-month average of 3.49. Japan’s bonds held gains after the sale.