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Wednesday May 23rd 2012

Top Japan bank plans for JGB sell-off, no near-term shift seen

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TOKYO (Reuters) – Japan’s top banking group, Mitsubishi UFJ Financial , has drawn up a contingency plan that flags 2016 as the time when the nation’s current account may slide into deficit and trigger a government bond sell-off, a newspaper reported on Thursday.

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Post Published: 02 February 2012
Found in section: -, Finance