Treasuries start new trading week in wait-and-see mode |
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Markets: Fixed Income Friday, in a fairly uneventful session, global bonds ended mixed. European bonds, who were hard hit during the week, managed to eke out some insignificant gains, while their US counterparts lost slightly ground. The oversold character of the European bonds may have incited some short covering. In the European market, the curve flattened as the short end underperformed following comments of Mersch, who said that inflation risks were still on the upside, while eco growth
Filed under: Futures
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