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Stocks Rise, Yen Falls as Peaceful Crimea Vote Boosts Risk Appetite

World stocks rose from a one-month low on Monday while the yen and the prices of U.S. Treasuries fell after Sunday's referendum in Crimea passed without major violence, reducing demand for safe-haven assets. The yen extended losses after U.S. President Barack Obama on Monday imposed sanctions on 11 Russians and Ukrainians blamed for Russia's military incursion into Crimea, including two top aides to Russian President Vladimir Putin. The European Union earlier had also imposed...

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