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Global bonds declining and we hear several....>

BONDS
BONDS: Global bonds declining and we hear several explanations:
- US long end is weaker after the initial post-quarterly funding announcement
rally
- We're in a bear market for bond and so rallying is difficult
- Disappointing European month end, dealers were long expecting better and are
now exiting ahead of FOMC that will take place after EGB traders have gone home.

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