Japan's 30-Year JGB Auction Sees Bid-to-Cover Ratio Fall to 3.36 on November 10

According to Jin10, Japan's 30-year government bond auction saw weakened demand on November 10, with a bid-to-cover ratio of 3.36, down from 3.88 in the previous auction and below the 12-month average of 3.6. Global fiscal policy concerns dampened investor appetite for the bonds. The weak demand mirrors softer demand in last week's 10-year JGB auction, driven partly by declining yields that reduced investment appeal.
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