Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan 10-Year JGB Auction climbed to 2.65% in May 2026
FMPMonthlyReleased June 2026
Japan 10-Year JGB Auction climbed to 2.65% in May 2026, released June 2026, up 0.11% from April's 2.54% reading.
Latest Release
2.649000
Actual
—
Consensus
2.540000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| Nikkei 225 | ▲ Direct | +0.78 | INDEX | Bullish Nikkei 225 | → View |
| Hang Seng | ▲ Direct | +0.67 | INDEX | Bullish Hang Seng | → View |
| EUR/JPY | ▲ Direct | +0.63 | FOREX | Bullish EUR | → View |
| S&P 500 | ▲ Direct | +0.56 | INDEX | Bullish S&P 500 | → View |
| AUD/JPY | ▲ Direct | +0.49 | FOREX | Bullish AUD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
10-Year JGB Auction (Japan) was reported at 2.65% in June 2026. The reading rose from the previous value of 2.54%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 2.02%, ranging from 1.46% to 2.65% across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 2.51%, up from the prior three at 2.16%. Volatility over the past year (σ 0.38%) is higher than the prior year (σ 0.2%). In June readings over the past 3 years, 10-Year JGB Auction has averaged 1.74%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Nikkei 225 (Bullish Nikkei 225). A secondary relationship exists with Hang Seng, positively correlated (Bullish Hang Seng).
WHAT TO WATCH NEXT
The next release is scheduled for July 2, 2026. Same-country events in the next 14 days include Monetary Policy Statement (Jun 16) and BoJ Interest Rate Decision (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
10-Year JGB Auction - JP
Loading chart data...
About 10-Year JGB Auction — Japan
DEFINITION
The 10-Year JGB Auction is a financial indicator that measures the demand and interest rates for 10-year Japanese Government Bonds (JGBs). This auction is held by the Japanese Ministry of Finance and provides insight into the current state of the Japanese economy and investor sentiment towards government debt. The results of the auction can impact the overall bond market and serve as an important benchmark for interest rates in Japan.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 2.649 %. Prior reading (May 2026): 2.54 %. Before that (Apr 2026): 2.35 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Nikkei 225 (Bullish Nikkei 225, r=0.78) — a useful reference for index-focused traders.