日本10年期国债拍卖：投标倍数上升，12月加息预期近80%

Group 1 - The core viewpoint of the article highlights strong demand for Japan's 10-year government bond auction, which exceeds the average level of the past 12 months, despite rising market expectations for interest rate hikes [1] - The bid-to-cover ratio for the auction was 3.59, higher than November's 2.97 and the 12-month average of 3.20, indicating robust investor interest [1] - The auction took place following comments from Bank of Japan Governor Kazuo Ueda, who suggested that the possibility of a rate hike later this month is being weighed, with financial conditions remaining accommodative post-hike [1] Group 2 - The swap market indicates an approximately 80% chance of a rate hike at the December 19 policy meeting, with over 90% likelihood for January, a significant increase from just 36% a week prior [1] - The Japanese Ministry of Finance plans to increase short-term debt issuance to fund Prime Minister Fumio Kishida's stimulus plan, raising the issuance of 2-year and 5-year government bonds by 300 billion yen each, and increasing treasury bill supply by 6.3 trillion yen [1]