Japan’s 40-year bond yield falls after strong auction outcome

TOKYO — Japan’s 40-year government bond yield fell sharply on Tuesday after an auction drew strong demand, while yields on some shorter notes tracked U.S. Treasury peers higher. The 40-year JGB yield fell 7 basis points (bps) to 1.550%. The 40-year bond auction received bids worth 2.69 times the amount sold…
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