Japan sells 10Y bonds with higher yield and issuance size
Japan issued 10Y bonds size 1989.6B, up from 1979.1B. Average yield rose to 2.995% from 2.840%. Bid-to-cover was 3.286 versus 2.558, with tail yield at 3.011% versus 2.900%.
Issue Size: 1989.6B (prev 1979.1B) - Average Yield: 2.995% (prev 2.840%) - Bid-To-Cover: 3.286 (prev 2.558) - Tail Yield: 3.011% (prev 2.900%)