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LOCKED Japan Update: Successful 30-Year JGB Auction Gives Relief to Bond Traders

Successful 30-Year JGB Auction Gives Relief to Bond Traders The Ministry of Finance conducted its regular monthly auction of 30-year JGBs on Thursday. The auction was considered successful despite the fact that the yield at the lowest accepted price was a record 3.277%. The bid-to-cover ratio was 3.31x, the lowest since the June auction, and […]

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