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European shares test two-year highs, yen volatile before BOJ

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LONDON (Reuters) – European shares inched towards two-year highs and German Bunds dipped on Monday, as a political attempt to break a budget impasse in the United States and expectations of aggressive Japanese stimulus bolstered the appetite for shares. U. S. House Republican leaders said on Friday they would seek to pass a three-month extension of federal borrowing authority in the coming days to buy time for the Democrat-controlled Senate to pass a plan to shrink budget deficits. . . .

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