Demand for the 10-year treasury bond auction implemented by Japan's Ministry of Finance on the 4th fell short of market expectations. The bid multiplier reflecting strong and weak market demand fell to 2.56 times, a new low since May 2025. Affected by the auction results, the yield on Japanese 10-year treasury bonds once rose to 2.870% intraday, a new high in about a month.

Demand for the 10-year treasury bond auction implemented by Japan's Ministry of Finance on the 4th fell short of market expectations. The bid multiplier reflecting strong and weak market demand fell to 2.56 times, a new low since May 2025. Affected by the auction results, the yield on Japanese 10-year treasury bonds once rose to 2.870% intraday, a new high in about a month.