Japan's two-year government bond auction on Friday showed the weakest demand since 2016, with a bid-to-cover ratio of 2.97 (down from 3.63) and a tail of 0.034 (up from 0.007), amid rising bets on a BOJ rate hike as soon as September.
Jin1008/28, 11:05 AM
- 2.97
- 3.63
- 3.74
- 0.034
Figures as quoted by Jin10
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FirstSquawk08/30, 10:26 AM
Jin1008/28, 10:38 AM
Japan's 2-year government bond auction saw a bid-to-cover ratio of 2.97, down from 3.63 in July.