JGBs pare 30-year yield declines after weak auction demand
Some JGBs pared yield declines after Japan’s finance ministry 30-year sovereign-debt auction drew tepid demand. The bid-to-cover ratio was 3.79 versus 3.86 at August’s 30-year sale.
Some JGBs pare yield declines after tepid demand at the Japanese finance ministry's auction of 30-year sovereign debt.
The bid-to-cover ratio, a measure of demand in bond auctions, stood at 3.79, lower than the 3.86 at August's 30-year sale.
In another indication of soft appetite, the auction's tai…