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Japan 40-Year Bond Auction Sees Weakest Demand Ratio Since 2011

Japan 40-Year Bond Auction Sees Weakest Demand Ratio Since 2011

Bloomberg5 days ago
Japan's 40-year government bond auction saw its weakest demand since 2011 amid concerns over government spending and after the US and Japan reached a trade deal.
The bid-to-cover ratio, a measure of demand, came in at 2.127, compared to 2.214 at the previous auction.
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