Gelonghui May 20| Japan issues 10-year inflation-linked bonds160millionpowerball, the bid multiple hit the highest level since August 2007. The bid multiple for 250 billion yen inflation-linked bonds due in March 2034 rose to 4.160millionpowerball.27, while the previous bid multiple issued on February 5 was 3. The lowest bid price is 105.70, and the estimated income of surveyed traders is 105. Japan's overall inflation rate has been above the central bank's 2% target since April 2022.