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Japan 20-Year Bond Sale Sees Firmer Demand Than 12-Month Average

Key Points

Japan’s 20-year government bond auction drew stronger demand than its 12-month average as elevated yields attracted investors and US Treasury Secretary Scott Bessent’s fresh attempt to rein in borrowing costs supported sentiment.

Japan’s 20-year government bond auction drew stronger demand than its 12-month average as elevated yields attracted investors and US Treasury Secretary Scott Bessent’s fresh attempt to rein in borrowing costs supported sentiment.
Japan (LOCATION) US Treasury (ORG) Scott Bessent (PERSON)
Originally published by Bloomberg Markets Read original →