News Headline Summary

Japan sells JPY 1.1002trl in 20yr Bonds, bid/cover 2.56, Prev. 3.05, average price JPY 100.7100 (yield 1.7510%, Prev. 1.7500%)

Reaction details:

- No immediate reaction seen in 10yr JGBs, however, 3 minutes after, it moved higher by 3 ticks from 144.44 to 144.47, trades 144.47 (+12 ticks) last.
- USD/JPY moved lower by 14 pips in 3 minutes following the headline, trades 93.39 (- 15 pips) last.

Print 03:46, 21 Feb 2013 - Asian News - Source: Newswires