Japan’s 2-year bond auction drew the weakest demand since 2009
Japan’s 2-year bond auction drew the weakest demand since 2009, with the bid-to-cover ratio slumping to its lowest in over 15 years. The auction also produced the widest tail since 2023, underscoring fragile investor appetite for short-dated JGBs. This article was written by Eamonn Sheridan at investinglive.com. fbs.mobi