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Japan's 30-Year Bond Sale Sees Strongest Demand Since February

Japan's 30-Year Bond Sale Sees Strongest Demand Since February

Bloomberg03-07-2025
Investors lapped up 30-year Japanese government bonds in an auction on Thursday that indicates policymakers are having some success in quelling debt-market volatility.
The bid-to-cover ratio was at 3.58, the strongest demand since February. That compares with 2.92 at the auction in June and the 12-month average of 3.33. The tail, or gap between average and lowest-accepted prices, came in at 0.31, versus 0.49 at the previous sale.
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