Seeking Alpha

Demand falls in a sale of ¥1.1T ($1.3B) of 20-year Japanese government bonds, with the...

Demand falls in a sale of ¥1.1T ($1.3B) of 20-year Japanese government bonds, with the bid-to-cover ratio dropping to 3.11 from 3.67 at a previous auction last month due to investor fears about the debt-raising plans of incoming PM Shinzo Abe. "You could call today a mini-version of an 'Abe-shock,'" says bond strategist Makoto Suzuki. The average yield was 1.737%.
Comments (2)
  • untrusting investor
    , contributor
    Comments (9928) | Send Message
     
    Amazing that Japan is able to get even that much in the way of bids for Japanese government 20-years bonds.
    18 Dec 2012, 03:28 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    First the US..then Japan....soon there will be no indirect bidders....just the governments funding themselves....and wait until the panic selloff....then watch the crash
    18 Dec 2012, 07:00 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|