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By

TOKYO: Japan’s Ministry of Finance said the yield at an auction of 20-year government bonds on Tuesday averaged 1.553%, with the lowest accepted price at 1.589%.

JGB yields largely down as Middle East conflict escalates

The tail - a measure of demand that subtracts the average and cut-off prices - was 0.53 yen, compared with 0.07 yen at last month’s auction.

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