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Japan's short-term government bond yields rose to their highest levels since April 1995, with the 2-year yield up 2bp to 1.865%, as markets widely expect the BOJ to hike rates 25bp to 1.25% on Friday, while long-term yields like the 40-year fell 5bp to 4.115% amid a curve-flattening move.
Jin1009/17, 11:49 AM
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The Bank of Japan is expected to continue rapid interest rate hikes, with focus on a December move.