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Japan 30-year bond auction bid-to-cover ratio 2.92, lowest since December 2023

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Demand at a sale of 30-year Japanese government bond yields saw the lowest demand since December 2023 on Thursday.

The bid-to-cover ratio, a measure of demand that gauges the number of bids against the amount of securities on offer, fell to 2.921 from 3.074 at the prior sale in May.

At the auction in December 2023, the ratio was 2.616.



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