10-Year Japanese Government Bonds (JGB) Auction indicator reflects data on sales of 10-year government bonds.
Governments issue bonds (treasuries) to borrow funds from purchasers. The yield of a government bond is the income that an investor holding the bond for its entire duration will receive. Japanese bonds are considered to be a low-risk and high-liquid asset, since they are fully backed by the government.
Yield fluctuations provide an indication of the government debt situation and are directly related to the yen interest rate.
The chart of the entire available history of the "10-Year Japanese Government Bond (JGB) Auction" macroeconomic indicator.