The strong demand for Japan's 10-year government bond auction drives the rise in medium to long-term government bond prices.

On June 3, Golden Ten Data reported that in midday trading in Tokyo, the price of Japan's medium and long-term government bonds generally rose. Previously, Japan's Ministry of Finance issued about 2.6 trillion yen of 10-year government bonds through bidding, with an average winning yield of 1.512%. According to the Ministry of Finance, the bid multiple for the auction was about 3.66, the highest level in nearly a year (the higher the value, the stronger the demand for bonds). Japan's 5-year government bond yield edged down 1 basis point to 1.020% and the 10-year government bond yield fell 2.5 basis points to 1.480% as a result of the auction.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
GateUser-1a77c897vip
· 06-04 16:54
Hold on tight, we're taking off To da moon 🛫
View OriginalReply0
GateUser-1a77c897vip
· 06-04 16:54
Hold on tight, we're taking off To da moon 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)