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Long-term interest rates shoot up as worries grow about public debt
THE ASAHI SHIMBUN
2012/12/21
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An electronic board in Tokyo shows the Nikkei 225 index broke the 10,000 level on Dec. 19. (The Asahi Shimbun)
Although stock investors welcome the new government's plan to expand public-works spending, bondholders are concerned about its impact on state finance.
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