10-Year JGB Auction Yields 2.84% Against Previous 2.729%
| Pair | Now | Since publish |
|---|---|---|
| USDJPY | — | — |
The 10-Year JGB Auction results were released today, showing an actual yield of 2.84%. This figure compares to the previous auction’s yield of 2.729%. No consensus forecast was available for this release.
Following the release, the Japanese Yen showed varied movement against major currencies. Fifteen minutes after the data, AUDJPY traded down 7.6 pips, while CADJPY moved down 3.2 pips. CHFJPY declined 12 pips, and EURJPY was down 7.3 pips. GBPJPY fell 10 pips, NZDJPY was down 7.3 pips, and USDJPY moved down 1.9 pips. For context, the median 1-hour move for AUDJPY after past releases has been 7 pips, for CADJPY 4 pips, for CHFJPY 4 pips, for EURJPY 5 pips, for GBPJPY 6 pips, for NZDJPY 6 pips, and for USDJPY 5 pips. The measured moves for CADJPY and USDJPY were relatively small compared to their historical median 1-hour moves.