Japan's 40-Year JGB Auction Records Strong Demand With Bid-to-Cover Ratio of 2.70 on May 27

GateNews
According to Jin10, Japan's 40-year government bond auction recorded strong demand today (May 27) with a bid-to-cover ratio of 2.70, exceeding the 12-month average of 2.47 and the prior auction's 2.54. The auction yield stood at 3.84%, higher than the previous auction's 3.6%, reflecting robust investor appetite amid elevated yields.
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