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Demand for Japan's two-year government bond auction on Wednesday was stronger than the 12-month average, and high yields supported buying. Bid coverage ratio The current sales price was 3.89, up from the previous sale of 2.97. The average price for the past 12 months was 3.75. Strong demand is also reflected in the following aspects: the difference between the average price of the tail and the lowest accepted price was 0.014, up from 0.034 last month. After the results were announced, the decline in bond futures narrowed.
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Demand for Japan's two-year government bond auction on Wednesday was stronger than the 12-month average, and high yields supported buying. Bid coverage ratio The current sales price was 3.89, up from the previous sale of 2.97. The average price for the past 12 months was 3.75. Strong demand is also reflected in the following aspects: the difference between the average price of the tail and the lowest accepted price was 0.014, up from 0.034 last month. After the results were announced, the decline in bond futures narrowed.
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