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LBBW's Karl Haeling said Treasuries.........>

US TSYS
US TSYS: LBBW's Karl Haeling said Treasuries "rallied strongly Thursday, while
most U.S. equities ended with modest declines. Treasuries gained early in
sympathy with strength in U.K. Gilt prices and big block buying in futures, most
notably the ultra-long bond contract. Yields on maturities of 5 years and longer
fell to their lowest level since June 27."
- He adds UK Gilts "rallied strongly as downward revisions to the Bank of
England's economic and inflation forecasts caused traders to expect a U.K. rate
hike later than previously thought. The BoE left rates unchanged Thursday, as
expected. Then late in the day, Treasuries rallied further and equities weakened
somewhat on reports that Special FBI Counsel Robert Mueller has formally called
for a Grand Jury in his probe of Russian influence in the last U.S. presidential
election."

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