News Headline Summary

Japan sells JPY 233.2bln in 5yr Bonds, bid/cover 3.39, prev. 3.09, average price 99.9800 (yield 0.4040%)

Reaction details:

- 10yr JGBs immediately moved lower by 8 ticks from 142.38 to 142.30.
- In the following 3 minutes after the release, 10 yr JGBs pared the entire immediate move lower to trade at 142.48.

Print 03:47, 16 May 2013 - Asian News - Source: Newswires