30-year JGB sale points to investor caution on fiscal worries
Japan’s 30-year government bond sale reflects investor caution amid persistent fiscal concerns, with Thursday’s auction showing a 4.1% highest accepted yield.
Japan's 30-year government bond sale signals investor caution amid persistent fiscal concerns.
As bond prices fall when yields rise, the record 4.1% highest accepted yield at Thursday's auction shows that buyers demanded steep discounts--and higher returns--to take on long-term debt risks.
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