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The Bank of Japan is expected to raise interest rates next year, marking the end of an era. Investors need to prepare for higher rates across the curve, leading to wider spreads when a recession hits. The global economy may be heading into a recessionary path, with signs of a rolling recession. This is discussed on Bloomberg Surveillance with Tom Keene, Jonathan Ferro, and Lisa Abramowicz. In company news, equity futures are up and upcoming company earnings are discussed. Japan's economic path is also a focus of conversation.