Japan Sells ¥700B 20Y JGB
Japan sells ¥700 billion in 20-year JGB bonds with an average yield of 3.7110% and a bid-to-cover ratio of 3.56x
Tail: # bps v 4bps prior - btc 12-month average x - 20-year market rate prior to auction: 3.540% ** Note: Prior auction for this maturity was held on May 19th 2026 Link to results: