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Japan-Update

Japan's rising rates stir worry about monetary easing

TOKYO -- Japan's benchmark long-term interest rate has climbed to a point where market participants wonder whether the country's easy money policy is working.

     The yield on newly issued 10-year government bonds rose above 0.5% Thursday, surpassing the 0.47% last seen when the Bank of Japan unleashed an additional round of monetary easing measures in October.

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