Yen strengthens for third day on bond yield jump

Note: This section contains information in English only.
Source: Bloomberg
The Japanese Yen was higher by 0.2% to 101.09 per U.S. Dollar in the second part of New York trading session on Tuesday. The currency increased 1.9% last week, which was the steepest gain since 1st of June. The market is concerned about the Bank of Japan, which struggles to monitor a jump in domestic bond yields.
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Tue, 28 May 2013 08:18:04 GMT

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