FX/BondsIMPORTANT

Japan sells JPY 1.9tln 5-year JGBs; b/c 3.42x (prev. 4.15x), average yield 2.239% (prev. 2.020%)

StockNow breaking-news AI analysis

Japan sold JPY 1.9tln in 5-year JGBs at an average yield of 2.239% with bid-to-cover dropping to 3.42x amid heightened expectations for Bank of Japan interest rate hikes.

News detail

Lowest accepted price 99.79 (prev. 100.14) Weighted average price 99.83 (prev. 100.16) Tail in price 0.04 (prev. 0.02)

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