Japan 'would avoid dollar bonds'

``Japan's opposition party says it would refuse to buy American government bonds denominated in US dollars, if elected... But, he added, it would continue to buy bonds only if they were denominated in yen - the so-called samurai bonds... However observers say that, while the move would be a remarkable policy shift, it was unlikely that Mr Nakagawa's party will win the forthcoming election, due before mid-September, despite the unpopularity of the ruling Liberal party. ''