Japan sells 2.0 tn 10 yr JGB at common yield of 1.084%

Japan sells JPY 2.0tn 10-year JGB:

• Bid-to-cover ratio: 3.12x (previous: 3.13x)
• Average yield: 1.084% (previous: 0.997%)

Auction details:

• Lowest accepted price: 98.32 (previous: 98.08)
• Average accepted price: 98.37 (previous: 98.12)
• Tail in price: 0.05 (previous: 0.04)

This article was written by Greg Michalowski at www.forexlive.com.