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![neilksethi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2252413050.png) Neil Sethi [@neilksethi](/creator/twitter/neilksethi) on x 12.7K followers
Created: 2025-07-23 12:18:18 UTC

The uncertainty surrounding Ishiba's future (and potential increased gov't spending) along with the finalizing of a US/Japan trade deal and BoJ Deputy Gov Uchida saying the deal means "likelihood has risen" for a rate hike all pressuring Japan's JGB sovereign bond market with a 40-yr bond auction today seeing its weakest demand since 2011.

The bid-to-cover ratio, a measure of demand, came in at 2.127, compared to XXXXX at the previous auction. The bonds yielded 3.375%, the highest on record.  

Bond yields Wednesday rose across the curve.

![](https://pbs.twimg.com/media/GwiqkRNWkAEJBdt.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947994682421649790/c:line.svg)

**Related Topics**
[suga](/topic/suga)
[japan](/topic/japan)
[auction](/topic/auction)
[fed rate](/topic/fed-rate)
[trade deal](/topic/trade-deal)

[Post Link](https://x.com/neilksethi/status/1947994682421649790)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

neilksethi Avatar Neil Sethi @neilksethi on x 12.7K followers Created: 2025-07-23 12:18:18 UTC

The uncertainty surrounding Ishiba's future (and potential increased gov't spending) along with the finalizing of a US/Japan trade deal and BoJ Deputy Gov Uchida saying the deal means "likelihood has risen" for a rate hike all pressuring Japan's JGB sovereign bond market with a 40-yr bond auction today seeing its weakest demand since 2011.

The bid-to-cover ratio, a measure of demand, came in at 2.127, compared to XXXXX at the previous auction. The bonds yielded 3.375%, the highest on record.

Bond yields Wednesday rose across the curve.

XXXXX engagements

Engagements Line Chart

Related Topics suga japan auction fed rate trade deal

Post Link

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