Japan’s 2-year bond public sale drew the weakest demand since 2009

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Japan’s 2-year bond public sale drew the weakest demand since 2009, with the bid-to-cover ratio slumping to its lowest in over 15 years.

The public sale additionally produced the widest tail since 2023, underscoring fragile investor urge for food for short-dated JGBs.

This text was written by Aaron Cutchburt at investinglive.com.

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