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The Economic Times
The Economic Times
Business

Japan's 20-year bond yield falls sharply after strongest auction on record

Japan's 20-year government bond yield fell sharply on Tuesday after the strongest auction on record for the bonds with the same maturity lifted sentiment.

* The 20-year JGB yield fell as much as 6 basis points (bps) to 3.71%, its lowest level since September 9, after the auction outcome was announced. Yields move inversely to bond prices

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