Japan sells JPY 1.9tln 5yr JGBs; b/c 3.69x (prev. 3.10x), average yield 1.633% (prev. 1.640%)

The Japanese government's recent auction of JPY 1.9 trillion in 5-year JGBs saw a notable increase in demand, indicated by a bid-to-cover ratio of 3.69x compared to 3.10x previously.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

Singapore Airlines (SIA SP) issues advisory for Middle East flights, cancels some Dubai services until March 28th

PRE-MARKET INDIAN STOCKS NEWS: InterGlobe Aviation (INDIGO IS) Chief Executive Officer Pieter Elbers resigned, effective March 10

Japan sells JPY 1.9tln 5yr JGBs; b/c 3.69x (prev. 3.10x), average yield 1.633% (prev. 1.640%)

Kuwait says it intercepted eight drones early on Wednesday

[MARKET ANALYSIS] Asia-Pac stocks are higher following the recent easing of oil price pressures

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • Lowest accepted price 99.84 (prev. 99.79)
  • Weighted average price 99.85 (prev. 99.82)
  • Tail in price 0.01 (prev. 0.03)
Context

The slight drop in the average yield from 1.640% to 1.633% suggests strong investor interest amid prevailing market conditions, which may imply support for Japanese bonds while reflecting broader economic sentiment. This auction outcome could influence expectations for the Bank of Japan's monetary policy and provide insights into market appetite for risk.

Related headlines

The whole workspace, free to try.

Try it free