Kuroda Loan Spigot Drowns Yield Curve as Banks Buy: Japan Credit

The Bank of Japan’s low-interest loan program has spurred buying of higher-yielding sovereign debt. How much it has fueled economic growth is up for debate.

Markets ease ahead of Chinese data

LONDON (AP) — Markets gave up some recent gains Wednesday after more downbeat European economic news and ahead of a raft of Chinese data that will shed light on the state of the world's second-largest economy.

Stocks, Commodities Rise Before Greek Swap

Stocks (MXWD) rose for a second day, while commodities gained and the dollar fell after Japan’s economy shrank less than initially estimated. The euro strengthened and Italian bonds advanced as Greece moved closer to completing its debt swap.