AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Japanese Investors Rush Back Into Global Bond Markets
Market Depth
The JGB-Driven Global Bond Market
There is far more buying activity taking place over these past two days of yields dropping, as reflected in the very noticeably elevated trading volumes on JGB futures. 10-year US treasury futures actually were not trading on volume during this current price up yield down move over the last two days. Again, this is still a JGB-driven global bond market. The average yield for that 30-year JGB auction was at 1.2% and the bid to cover ratio, bid to cover is basically is a measure of demand at a primary auction. It seemed that like there were, you know, the whisper was that there would be demand coming from the Japan life insurance system.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode