Yen flying as market challenges BOJ, stocks cheer inflation's retreat

Yen flying as market challenges BOJ, stocks cheer inflation's retreat

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SINGAPORE/TOKYO, Jan 13 (Reuters) - Asian stocks rose on Friday as investors cheered a slowdown in U.S. inflation, while the yen hit a seven-month high and Japanese bond yields broke above the central bank's target as markets challenged Tokyo's commitment to loose monetary policy. MSCI's broadest…

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