Japan finance ministry 30 year Japanese Government Bond auction bid-to-cover ratio 2.92 prior sale 3.07& 12-month average 3.39 weakest demand ratio since 2023 (in December 2023 ut was 2.615)average yield 2.904%, yield at lowest accepted price 2.938%auction tail at 0.49 yen versus 0.30 yen at previous auctionNot strong results in Japan. The weak demand reflects the concerns over rising yields globally, not just in Japan. Added:Yield on 20-yr JGB pares decline after auction results, last down 3.5 bps at 2.39%Yield on 30-yr JGB pares decline after auction results, last down 2.5 bps at 2.92%Finance minister Kato This article was written by Eamonn Sheridan at www.forexlive.com.