Reported 2 days ago
Japan's bond market showed signs of strength with a successful 10-year bond auction, easing concerns ahead of a challenging 30-year bond sale. Demand surged as yields fell to 1.48%, indicating investor interest despite fears of rising long-term yields and increased government borrowing. However, the market remains cautious due to the Bank of Japan's potential decrease in bond purchases and concerns over a shrinking investor base, prompting the government to encourage more domestic investments.
Source: YAHOO