Business · Markets · 5 hrs ago

Japan's 30-Year Bond Auction Draws Below-Average Demand

Japan's 30-Year Bond Auction Draws Below-Average Demand

Japan's 30-year government bond auction drew weaker demand than its recent average.

The auction involved bonds that the Japanese government issues to borrow money from investors.

Demand was below the average for the past 12 months, according to the auction result.

That comparison shows investors were less interested than usual in buying these bonds.

Concerns over global fiscal policy weighed on investor appetite for the sale.

The available information does not say what will happen next.

1 source

Related