Politics
Japan 30-Year Bond Sale Sees Weaker Demand Than 12-Month Average
Key Points
Bonds Japan 30-Year Bond Sale Sees Weaker Demand Than 12-Month Average Japan’s 30-year government bond auction drew weaker demand than its 12-month average as concerns over global fiscal policy weighed on investor appetite. The bid-to-cover ratio at Tuesday’s sale was 3.36, compared with 3.88 at the previous auction and a 12-month average of 3.6.
Bonds
Japan 30-Year Bond Sale Sees Weaker Demand Than 12-Month Average
Japan’s 30-year government bond auction drew weaker demand than its 12-month average as concerns over global fiscal policy weighed on investor appetite.
The bid-to-cover ratio at Tuesday’s sale was 3.36, compared with 3.88 at the previous auction and a 12-month average of 3.6.