Japan’s $3.5 billion auction of 40-year government bonds on Wednesday just crashed through a ten-month low, drawing a bid-to-cover ratio of 2.2, the weakest level since July 2024, according to ...
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 ...
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