币界网报道:[Demand for Japan's 10-year bond auction is stronger than the 12-month average] According to the Coinnet report, demand for Japan's 10-year bond auction was stronger than the 12-month average, as expectations for central bank rate hikes weakened and upward pressure on longer-term bond yields eased. The bid-to-cover ratio for this auction was 3.51, higher than 3.66 at the previous auction last month and higher than the 12-month average of 3.14. Another sign of strong demand was that the gap between the average price and the lowest accepted price was 0.03, compared with 0.01 at the previous auction. Japan's sovereign bond auctions have been in the spotlight since the end of May, after a poor response to the 20-year bond auction, which sent ultra-long bond yields to record highs. The surge in Japanese government bond yields has affected global bond markets, where investors have been wary of the widening government deficit.