The Japan 30-year Government Bond Yield Soars to Highest Level Since October 2000

BlockBeats News, May 20th, the yield on Japan's 20-year government bond surged to 2.555%, the highest level since October 2000. The yield on Japan's 30-year government bond rose by 13 basis points to a record high of 3.10%. Prior to this, the bid-to-cover ratio for the 20-year Japanese government bond auction hit the lowest level since 2012. The bid-to-cover ratio for this auction was 2.50, lower than the 2.96 from the bond auction last month. (FXStreet)