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Japan's Five-Year Bond Sale Sees Strongest Demand Since June 2025, With Bid-to-Cover Ratio at 4.15
svmuu.com18/08/2026 00:02
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Japan's five-year government bond auction on Tuesday saw the strongest demand since June 2025, as elevated yields underpinned buying. The bid-to-cover ratio rose to 4.15 from 3.43 at the previous sale, and the tail (gap between average and lowest-accepted prices) narrowed to 0.02 from 0.03 last month, signaling strong investor interest.
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