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المشهد العربي
Reduced demand in Japan bond auction
The Japanese government bond auction for a two-year maturity saw a decline in demand, with a coverage ratio of 2.97 times compared to 3.63 in the previous auction. This comes amid expectations of interest rate hikes ahead of the Bank of Japan's meeting, amid growing concerns over the yen's depreciation. This reflects investor caution due to anticipated interest rate increases and the government's move toward tightening monetary policy.
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