#Latest news with #MarketAnalystsBloomberg3 days agoBusinessBloombergJapan's 10-Year Bond Sale Sees Highest Demand in 14 MonthsDemand at Japan's 10-year debt auction rose to the strongest since April 2024 as higher yields attracted investors, helping to soothe the market against a backdrop of rising rates globally. Japan's government bond futures rose 0.12 to 139.14 and 10-year bond yields fell 3 basis points to 1.475%. The bid-to-cover ratio at the ¥2.6 trillion ($18 billion) sale increased to 3.66, compared with 2.54 at last month's auction, higher than the average over the past year.
Bloomberg3 days agoBusinessBloombergJapan's 10-Year Bond Sale Sees Highest Demand in 14 MonthsDemand at Japan's 10-year debt auction rose to the strongest since April 2024 as higher yields attracted investors, helping to soothe the market against a backdrop of rising rates globally. Japan's government bond futures rose 0.12 to 139.14 and 10-year bond yields fell 3 basis points to 1.475%. The bid-to-cover ratio at the ¥2.6 trillion ($18 billion) sale increased to 3.66, compared with 2.54 at last month's auction, higher than the average over the past year.
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