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Japan stocks, bonds fall as oil shock weighs

Japanese stocks and bonds fell on Thursday and the yen remained fragile as investors weighed the economic impact of the prolonged Middle East conflict. The benchmark 10-year Japanese government bond (JGB) yield rose 4.5 basis points (bps) to 2.260 percent as the yen traded near a 20-month low against the dollar. Investors wanted to reduce positions ahead of a three-day weekend as they weigh risks from the war in the Middle East,” said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities. [...]