日本40年期国债拍卖结果出炉，投标倍数创去年7月来新低

Group 1 - The auction results for Japan's 40-year government bonds show a bid-to-cover ratio of 2.21, marking the lowest level since July 2024 [1] - The highest accepted yield for the auction was 3.1350%, indicating a rise in borrowing costs for the government [1] - Following the auction results, Japanese government bond futures continued to decline, and the USD/JPY exchange rate dropped by nearly 30 points [1] Group 2 - The auction held on May 28, 2025, sold 499.90 billion yen with a coupon rate of 3.1% and a bid amount of 1,106.60 billion yen [2] - Previous auctions showed varying yields, with the auction on March 27, 2025, having a yield of 2.710% and a bid-to-cover ratio of 2.920 [2] - The trend in yields has been upward, with the yield for the auction on January 21, 2025, recorded at 2.570% [2]