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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan 5-Year JGB Auction climbed to 2.02% in April 2026
FMPMonthlyReleased May 2026
Japan 5-Year JGB Auction climbed to 2.02% in April 2026, released May 2026, up 0.2% from March's 1.83% reading.
Latest Release
2.024000
Actual
—
Consensus
1.826000
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 |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.38 | INDEX | Bullish S&P 500 | → View |
| BTC/USD | ▲ Direct | +0.37 | CRYPTO | Bullish BTC | → View |
| Nikkei 225 | ▲ Direct | +0.33 | INDEX | Bullish Nikkei 225 | → View |
| Hang Seng | ▲ Direct | +0.28 | INDEX | Bullish Hang Seng | → View |
| XAU/USD | ▲ Direct | +0.26 | COMMODITIES | Bullish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
5-Year JGB Auction (Japan) was reported at 2.02% in May 2026. The reading rose from the previous value of 1.83%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 1.36%, ranging from 0.98% to 2.02% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 1.77%, up from the prior three at 1.44%. Volatility over the past year (σ 0.32%) is higher than the prior year (σ 0.22%). In May readings over the past 3 years, 5-Year JGB Auction has averaged 1.19%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC).
WHAT TO WATCH NEXT
The next release is scheduled for June 23, 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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5-Year JGB Auction - JP
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About 5-Year JGB Auction — Japan
DEFINITION
The 5-Year JGB Auction is a financial indicator that measures the demand for 5-year Japanese Government Bonds (JGBs) through a competitive bidding process. This auction provides insight into the current sentiment and confidence of investors in the Japanese economy, as well as the government's ability to raise funds through bond issuance. It is closely monitored by financial institutions and analysts as a key indicator of the overall health of the Japanese bond market.
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 2.024 %. Prior reading (Apr 2026): 1.826 %. Before that (Mar 2026): 1.633 %.
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.