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Japan bond traders warn of Fed rate misstep

False step will choke off what little inflation is left in the US economy, they say


YUSUKE Ito knows all about the follies of inflation hawks.

The senior fund manager at Tokyo-based Mizuho Asset Management watched Japan stagnate for years as the economy was beset by deflation.

Now, Mr Ito is betting something similar may happen in the US as the...

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