بيع اليابان للسندات لمدة عامين يجذب طلبًا قويًا بسبب العوائد المرتفعة. شهدت اليابان招标 of Japanese two-year government bonds Wednesday stronger demand than the 12-month average as elevated yields underpinned buying. The bid-to-cover ratio was 3.89 compared with 2.97 at the previous sale, and a 12-month average of 3.75. In another sign of strong demand, the tail, or gap between average and lowest-accepted prices, was 0.014, compared with 0.034 last month.

Bond futures pared losses after the result. The sale produced a solid outcome thanks to high yields, said Miki Den, senior rates strategist at SMBC Nikko Securities. Markets are closely watching monetary policy in both Japan and the US, with the US employment report due later this week the key focus, he added.

The two-year yield, which is sensitive to monetary-policy expectations, fell 1.5 basis points to 1.945% on Wednesday. It touched 1.975% earlier this week, its highest level since 1995. The sale comes as speculation grows that the Bank of Japan could raise interest rates again as early as next month, following its decision to lift the benchmark rate to a 3113 high high high The..

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