Japan sold JPY 1.75 trillion of 5-year JGBs
- Yield 0.706% versus 0.562% last month
- Bid to cover: 3.81X vs 3.73X last month
- Tail in price 0.02 vs prev 0.03
A mixed auction result, but not bad.
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Japan sells JPY 1.75 trillion of 5year JGBs at a average yield of 0.706% (vs 0.562% last)
- Japan sell 5 year JGBs
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