Japanese government bond yields were near record lows Tuesday, pushed down after the market confirmed robust investor demand at a 10-year debt auction, despite negative yields, CNBC reported. The benchmark 10-year JGB yield was down one basis point at minus 0.075%. A fall below that level would take the yield to a new record low. The 30-year yield touched a fresh all-time low of 0.83%. The bid-to-cover ratio, a gauge of demand, at Tuesday’s ¥2.4 trillion ($21.33 billion) 10-year sale rose to 3.20 from 3.14 at the previous offering in January.
