日本周四举行的两年期国债招标需求强于12个月平均水平，较高收益率支撑了买盘。
Japan’s two-year government bond auction on Thursday saw stronger demand than the 12-month average as elevated yields underpinned buying.
投标覆盖率为4.03，为6月以来最高，高于上次招标的3.89和12个月平均值3.84。
The bid-to-cover ratio was 4.03, the highest since June, compared with 3.89 at the previous sale, and a 12-month average of 3.84.
投资者密切关注该期限债券，因其对货币政策预期敏感。上月全球债券抛售推动两年期收益率触及数十年高位后，收益率已略有回落。
Investors are closely watching the tenor given its sensitivity to monetary policy expectations. The two-year yield has eased slightly since hitting multi-decade highs on the back of a global bond selloff last month.
彭博社调查的所有经济学家均预期日本央行将在周五的政策决定中维持基准利率不变。与此同时，日本9月核心通胀指标飙升至三年高位，支持当局继续加息的理由。
The auction comes as all economists surveyed by Bloomberg expect the Bank of Japan to keep its benchmark interest rate unchanged at its its policy decision announcement on Friday. Meanwhile, Japan’s gauge of underlying inflation surged to the highest in three years in September, backing the case for authorities to continue raising interest rates.