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Japan's long-term borrowing costs, gold hit record highs
Japan's long-term borrowing costs, gold hit record highs
Economy
by  AFP

A global bond selloff extended into Asia on Wednesday with yields in Japan hitting record levels, while gold reached a new peak as investors fret about public finances in countries from Japan to the United States. The selloff in Japanese debt mirrors widespread moves in the United States and Europe, with investors spooked over substantial piles of government debt globally.