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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan 20-Year JGB Auction climbed to 3.71% in April 2026
FMPMonthlyReleased May 2026
Japan 20-Year JGB Auction climbed to 3.71% in April 2026, released May 2026, up 0.38% from March's 3.33% reading.
Latest Release
3.711000
Actual
—
Consensus
3.327000
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 |
|---|---|---|---|---|---|
| EUR/JPY | ▲ Direct | +0.41 | FOREX | Bullish EUR | → View |
| GBP/JPY | ▲ Direct | +0.40 | FOREX | Bullish GBP | → View |
| BTC/USD | ▼ Inverse | −0.31 | CRYPTO | Bearish BTC | → View |
| Hang Seng | ▲ Direct | +0.29 | INDEX | Bullish Hang Seng | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
20-Year JGB Auction (Japan) was reported at 3.71% in May 2026. The reading rose from the previous value of 3.33%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 2.87%, ranging from 2.36% to 3.71% across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 3.27%, up from the prior three at 2.99%. Volatility over the past year (σ 0.37%) is higher than the prior year (σ 0.24%). In May readings over the past 3 years, 20-Year JGB Auction has averaged 2.63%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/JPY (Bullish EUR). A secondary relationship exists with GBP/JPY, positively correlated (Bullish GBP).
WHAT TO WATCH NEXT
The next release is scheduled for June 25, 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 May 2026.
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20-Year JGB Auction - JP
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About 20-Year JGB Auction — Japan
DEFINITION
The 20-Year JGB Auction is a financial indicator that measures the demand and interest rates for Japanese government bonds with a maturity of 20 years. This auction is conducted by the Japanese government to raise funds for its operations and is closely monitored by investors and analysts as it reflects the current state of the Japanese economy and the confidence in its government's financial stability. The results of this auction can impact the overall bond market and provide insights into the long-term outlook for the Japanese economy.
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 (May 2026): actual 3.711 %. Prior reading (Apr 2026): 3.327 %. Before that (Mar 2026): 3.141 %.
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 EUR/JPY (Bullish EUR, r=0.41) — a useful reference for forex-focused traders.