đš Japan Rates Update
Japanâs 3-Month Bill auction today cleared at a 0.708% yield, slightly higher than the previous auction.
Total issuance was around „4.7 trillion.
Why it matters:
Short-term yields in Japan continue to edge higher, reflecting market expectations around future rate hikes and rising government spending.
Quiet moves in short-dated bills often signal bigger shifts ahead in policy and liquidity.
Macro watchers are paying attention. đ
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