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Japan yields rise to levels when BOJ began negative-rate policy

Bloomberg A global bond selloff has sent Japan’s benchmark yield to a level last seen when the central bank introduced its negative interest-rate policy in January 2016 to revive a weakening economy. The 10-year yield rose two basis points to 0.155 percent, after a rout in Treasuries that saw similar-maturity US yields jump to the highest level since 2011. The ...

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Mexico to test $13bn airport plan with vote, opinion polls

Bloomberg Advisers to Mexico’s next president are starting to share a few details on this month’s public consultation on whether to proceed with the construction of a $13 billion airport for the nation’s capital. The unorthodox process will be carried out in two ways: a national face-to-face survey and a vote, Jesus Ramirez, spokesman for incoming president Andres Manuel Lopez ...

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Lockheed F-35 wins Pentagon nod for full combat testing

Bloomberg Pentagon weapons buyer Ellen Lord has approved plans to begin full combat testing of Lockheed Martin Corp.’s F-35, a major step toward full production of the fighter jet planned for next year. Lord, the under secretary for acquisition, “certified readiness to enter operational testing after concurring” with the F-35 program manager’s recommendation to start in mid-November, her spokesman, Air ...

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