Demand for the auction of Japanese 30-year government bonds is hot, reaching a 4-year high! The yield exceeds 3.4%, attracting a large purchase by Nomura.

According to the Zhitong Financial APP, the auction of Japan's 30-year government bonds has seen the strongest demand since 2019. This indicates that as yields rise, investors are finally starting to re-enter the market, providing some relief to a market that has been anxious and nervous due to expectations of interest rate hikes.