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Japan inflation hits 10-yr high; bonds hit hard (Reuters)

Started by riky, April 25, 2008, 10:00:33 AM

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riky

Japan inflation hits 10-yr high; bonds hit hard
    (Reuters)

 



Reuters - Japanese annual inflation hit a
decade-high of 1.2 percent in March, helping trigger one of the
biggest ever sell-offs in yen bonds as investors realized Japan
has no immunity from price pressures facing the rest of the
world, and that could eventually lead to a rate hike despite a
weak economy.


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