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Stocks and bonds dip as central banks tighten to curb inflation

Global shares and bonds fell Friday as Japan’s well-signaled rate hike came short of supporting the yen ahead of the week’s central-bank push to curb inflation.

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Global shares and bonds declined on Friday, while Japan's long-signaled rate hike did not manage to lift the yen, as markets neared the end of a volatile week defined by central banks’ global efforts to curb inflation. Monetary policy remained the main focus this week as the war…