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G7 finance chiefs seek to tackle imbalances in wake of bond selloff

G7 finance ministers met in Paris on Monday, looking to find common ground on tackling economic tensions and global imbalances in the wake of a bond market selloff triggered by concern over inflation risks from the Iran war. Ministers are set to discuss the economic fallout from the conflict and volatility on global bond markets, which are of particular concern to Japan. Bonds from Tokyo to New York extended losses on Monday, with investors betting on central bank rate hikes over worries that rising energy prices could stoke inflation. [...]