Japan’s 5-Year Bond Sale Demand Weaker Than 12-Month Average
Japan’s five-year government bond auction Tuesday saw lower demand than the 12-month average, as yen weakness added to expectations that the Bank of Japan may need to raise rates faster.
By John Cheng · Bloomberg Markets
Japan’s five-year government bond auction Tuesday saw lower demand than the 12-month average, as yen weakness added to expectations that the Bank of Japan may need to raise rates faster.