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Japan’s Aso: Snap election in the fall preferable – Kyodo

Citing sources with the knowledge of the matter, Kyodo reports that Japan’s Finance Minister Taro Aso told a senior Komeito lawmaker that a snap election in the fall is preferable.

On Monday, Aso told Komeito Secretary-General Tetsuo Saito about the snap election. However, Saito voiced his opposition, noting that it was not a good idea.

In the last hour, the Bank of Japan (BOJ) announced that it will widen the buying ranges for the Japanese Government Bonds (JGBs) up to 10-years for its July operations.

 

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Italy 10-y Bond Auction dipped from previous 1.42% to 1.2%

Italy 10-y Bond Auction dipped from previous 1.42% to 1.2%
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PBOC to slash funding costs for smaller firms and rural sectors from July 1 – China Press

The People’s Bank of China (PBOC) is said to cut its re-discount and re-lending rates starting July 1, the Securities Times reports, citing sources fa
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