Politics
Japan’s Two-Year Bond Sale Demand Stronger Than 12-Month Average
Key Points
Bonds Japan’s Two-Year Bond Sale Demand Stronger Than 12-Month Average Japan’s two-year government bond auction on Thursday saw stronger demand than the 12-month average as elevated yields underpinned buying. The bid-to-cover ratio was 4.03, the highest since June, compared with 3.89 at the previous sale, and a 12-month average of 3.84.
Bonds
Japan’s Two-Year Bond Sale Demand Stronger Than 12-Month Average
Japan’s two-year government bond auction on Thursday saw stronger demand than the 12-month average as elevated yields underpinned buying.
The bid-to-cover ratio was 4.03, the highest since June, compared with 3.89 at the previous sale, and a 12-month average of 3.84.