Japan's Super-Long Bond Yields Slide on Unusual MOF Move
Japan's super-long bond yields slid sharply after the finance ministry sounded out market participants on appropriate issuance amounts following a recent slump in the nation's sovereign debt. In a move that was seen as unusual because of its timing and the wide group of people contacted, the Japanese ministry sent a questionnaire to participants that also asked for comments on the current market situation, said people familiar with the situation. Bloomberg's Brian Fowler reports. (Source: Bloomberg)
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