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Traders agonise over 'the curve' as Japan upends world bonds
MR KURODA: Traders have been speculating that he will try to steepen Japan's curve as a way to help lenders and support the economy.
PHOTO: BLOOMBERG
New York
SPECULATION about a shift in Japanese monetary policy is changing the shape of bond markets around the world.
The gap between short and long-term yields is widening globally on bets the Bank of Japan's (BOJ) next monetary twist at its Sept 20-21 policy meeting will steepen
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