Japan sold JPY 1.75 trillion of 5-year JGBs
- Yield 0.706% versus 0.562% last month
- Bid to cover: 3.81X vs 3.73X last month
- Tail in price 0.02 vs prev 0.03
A mixed auction result, but not bad.
This article was written by Greg Michalowski at www.forexlive.com.
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