Japan 30-year bond auction bid-to-cover ratio 2.92, lowest since December 2023
Demand for 30-year Japanese government bonds dipped to its lowest point since December 2023 during Thursday's sale. The bid-to-cover ratio, a key indicator of demand, decreased to 2.921. This is a drop from 3.074 recorded at the previous sale in M...

The bid-to-cover ratio, a measure of demand that gauges the number of bids against the amount of securities on offer, fell to 2.921 from 3.074 at the prior sale in May.
At the auction in December 2023, the ratio was 2.616.
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