Japan Sells 2-Year JGBs
Japan sells 2-year government bonds
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com Asia Market Update: Similar to Q2, Kospi volatility continues to drive markets, while Iran is still uncertain; Meanwhile macro data has
***General Trend and Developments*** -Overall Asian equities are again directionless ahead of the upcoming US-related events. Cautious start to the new quarter? - Disappointing PMIs seen throughout Asia [including China, Indonesia, Japan, South Korea, Taiwan, Vietnam]. The Chinese data was hurt by new export orders. -S
*(JP) JAPAN SELLS ¥2.8T VS. ¥2.8T INDICATED IN 2-YEAR JGB BONDS’ AVG YIELD: 1.407% V 1.3690% PRIOR; BID-TO-COVER: 4.82X V 3.70X PRIOR
tail: <0.01 v 0.02 prior - - BTC 12-month avg of 3.74x - - Results
Japan Sells ¥700B 20Y JGBs
Japan MOF is selling ¥700B in 20-Year JGB Bonds with results expected after 23:30 ET