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.